Travelzoo (TZOO) 10-K 14 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 14, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Travelzoo Inc
Entity Central Index Key	1,133,311
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 82,343,052
Entity Common Stock, Shares Outstanding		14,518,655

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 35,128	$ 55,417
Accounts receivable, less allowance for doubtful accounts of $384 and $444 as of December 31, 2015 and 2014, respectively	16,398	16,124
Income tax receivable	1,356	3,756
Deferred tax assets	1,230	1,311
Deposits	782	86
Prepaid expenses and other	2,167	2,676
Total current assets	57,061	79,370
Deposits	501	1,436
Deferred tax assets	1,769	1,432
Restricted cash	1,328	1,393
Property and equipment, net	7,905	9,498
Other assets	15	178
Total assets	68,579	93,307
Current liabilities:
Accounts payable	23,655	26,858
Accrued expenses and other	10,140	11,814
Deferred revenue	1,085	1,472
Income tax payable	477	574
Reserve for unexchanged promotional shares	0	1,393
Note payable to related party	5,658	1,000
Total current liabilities	41,015	43,111
Long-term tax liabilities	3,000	10,936
Long-term deferred rent and other	$ 3,177	$ 3,433
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value per share (5,000 shares authorized; none issued)	$ 0	$ 0
Common stock, $0.01 par value (40,000 shares authorized; 14,518 shares issued and outstanding as of December 31, 2015 and 15,801 shares issued,14,730 shares outstanding as of December 31, 2014)	150	163
Treasury stock (at cost, 0 and 1,071 shares at December 31, 2015 and 2014, respectively)	0	(21,517)
Additional paid-in capital	7,759	30,586
Retained earnings	17,386	29,197
Accumulated other comprehensive loss	(3,908)	(2,602)
Total stockholders’ equity	21,387	35,827
Total liabilities and stockholders’ equity	$ 68,579	$ 93,307

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Allowance for doubtful accounts	$ 384	$ 444
Stockholders' Equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	14,518,000	15,801,000
Common stock, shares outstanding	14,518,000	14,730,000
Treasury stock, shares	0	1,071,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Revenues	$ 32,051	$ 33,728	$ 36,792	$ 39,145	$ 34,291	$ 36,307	$ 39,599	$ 43,043	$ 141,716	$ 153,240	$ 170,633
Cost of revenues	4,328	4,742	5,208	4,546	4,640	4,813	4,648	5,073	18,824	19,174	18,477
Gross profit	27,723	28,986	31,584	34,599	29,651	31,494	34,951	37,970	122,892	134,066	152,156
Operating expenses:
Sales and marketing	17,161	19,089	20,715	22,077	20,729	21,570	19,298	21,914	79,042	83,511	90,576
Product development	3,316	2,917	3,206	3,089	2,956	3,108	2,786	2,476	12,528	11,326	8,828
General and administrative	6,270	6,120	5,335	6,451	7,603	7,220	7,139	7,040	24,176	29,002	29,591
Unexchanged promotional shares	0	0	0	0	(1,833)	(2,250)	(3,500)	0	0	(7,583)	22,000
Total operating expenses	26,747	28,126	29,256	31,617	29,455	29,648	25,723	31,430	115,746	116,256	150,995
Income from operations	976	860	2,328	2,982	196	1,846	9,228	6,540	7,146	17,810	1,161
Other income (loss)	(376)	(202)	(218)	(446)	(348)	95	154	190	(1,242)	91	(25)
Income (loss) before income tax	600	658	2,110	2,536	(152)	1,941	9,382	6,730	5,904	17,901	1,136
Income taxes	165	(8,199)	1,268	1,806	(66)	158	2,266	2,481	(4,960)	4,839	7,718
Net income (loss)	$ 435	$ 8,857	$ 842	$ 730	$ (86)	$ 1,783	$ 7,116	$ 4,249	$ 10,864	$ 13,062	$ (6,582)
Basic net income (loss) per share (in dollars per share)	$ 0.03	$ 0.60	$ 0.06	$ 0.05	$ (0.01)	$ 0.12	$ 0.48	$ 0.29	$ 0.74	$ 0.88	$ (0.43)
Diluted net income (loss) per share (in dollars per share)	$ 0.03	$ 0.60	$ 0.06	$ 0.05	$ (0.01)	$ 0.12	$ 0.48	$ 0.29	$ 0.74	$ 0.88	$ (0.43)
Shares used in computing basic net income (loss) per share									14,722	14,768	15,269
Shares used in computing diluted net income (loss) per share									14,722	14,809	15,269

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 435	$ 8,857	$ 842	$ 730	$ (86)	$ 1,783	$ 7,116	$ 4,249	$ 10,864	$ 13,062	$ (6,582)
Other comprehensive income (loss):
Foreign currency translation adjustment									(1,306)	(2,228)	296
Total comprehensive income (loss)									$ 9,558	$ 10,834	$ (6,286)

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance, shares at Dec. 31, 2012		15,362
Beginning balance at Dec. 31, 2012	$ 43,582	$ 163	$ (7,898)	$ 28,106	$ 23,881	$ (670)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense	1,384			1,384
Repurchase of common stock, net, shares		(371)
Repurchase of common stock, net	(7,764)		(7,764)
Shares fractionalized from reverse/forward stock split, including transaction costs, shares		(643)
Shares fractionalized from reverse/forward stock split, including transaction costs	(14,023)	$ (6)	(14,017)
Proceeds from sale of shares fractionalized from reverse/forward stock split, including transaction costs, shares		643
Proceeds from sale of shares fractionalized from reverse/forward stock split, including transaction costs	13,203	$ 6	14,017		(820)
Foreign currency translation adjustment	296					296
Net income (loss)	(6,582)				(6,582)
Ending balance at Dec. 31, 2013	30,096	$ 163	(15,662)	29,490	16,479	(374)
Ending balance shares at Dec. 31, 2013		14,991
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense	982			982
Repurchase of common stock, net, shares		(261)
Repurchase of common stock, net	(5,555)		(5,855)	300
Proceeds from sale of shares fractionalized from reverse/forward stock split, including transaction costs	(344)				(344)
Foreign currency translation adjustment	(2,228)					(2,228)
Income tax impact from stock options	(186)			(186)
Net income (loss)	13,062				13,062
Ending balance at Dec. 31, 2014	$ 35,827	$ 163	(21,517)	30,586	29,197	(2,602)
Ending balance shares at Dec. 31, 2014	14,730	14,730
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense	$ 401			401
Repurchase of common stock, net, shares		(212)
Repurchase of common stock, net	(1,724)		(1,724)
Proceeds from sale of shares fractionalized from reverse/forward stock split, including transaction costs	(102)				(102)
Foreign currency translation adjustment	(1,306)					(1,306)
Retirement of treasury stock		$ (13)	23,241	(23,228)
Acquisition of Asia Pacific business	(22,573)				(22,573)
Net income (loss)	10,864				10,864
Ending balance at Dec. 31, 2015	$ 21,387	$ 150	$ 0	$ 7,759	$ 17,386	$ (3,908)
Ending balance shares at Dec. 31, 2015	14,518	14,518

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income (loss)	$ 10,864	$ 13,062	$ (6,582)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	2,788	2,986	3,127
Provision for losses on accounts receivable	(20)	35	(5)
Stock-based compensation	401	982	1,384
Deferred income tax	(269)	303	706
Impairment of software	0	249	0
Net foreign currency effect	480	(16)	176
Changes in operating assets and liabilities:
Accounts receivable	(789)	(830)	(766)
Income tax receivable	2,371	(1,114)	4,042
Prepaid expenses and other	675	822	(776)
Accounts payable	(1,139)	(7,893)	3,117
Reserve for unexchanged promotional shares	(1,393)	(11,333)	9,726
Accrued expenses and other	(1,681)	52	1,414
Income tax payable	(161)	608	(6)
Other non-current liabilities	(7,935)	500	406
Net cash provided by (used in) operating activities	4,192	(1,587)	15,963
Cash flows from investing activities:
Purchases of property and equipment	(1,282)	(3,813)	(5,510)
Release of restricted cash	64	226	1,907
Net cash used in investing activities	(1,218)	(3,587)	(3,603)
Cash flows from financing activities:
Payment for the acquisition of the Asia Pacific business	(16,974)	0	0
Payment of loan to related party	(3,250)	0	0
Proceeds from loan from related party	2,224	1,000	0
Increase in bank overdraft	44	341
Decrease in bank overdraft	(385)	0	0
Repurchase of common stock	(1,569)	(5,555)	(7,764)
Reverse/forward stock split, including transaction costs	(102)	(479)	(688)
Net cash used in financing activities	(20,012)	(4,693)	(8,452)
Effect of exchange rate changes on cash and cash equivalents	(3,251)	(3,384)	71
Net increase (decrease) in cash and cash equivalents	(20,289)	(13,251)	3,979
Cash and cash equivalents at beginning of year	55,417	68,668	64,689
Cash and cash equivalents at end of year	35,128	55,417	68,668
Supplemental disclosure of cash flow information:
Cash paid for income taxes, net	801	4,606	2,609
Cash paid for interest	128	0	0
Note payable for the acquisition of the Asia Pacific business	5,658	0	0
Funds held by transfer agent for settlement of reverse/forward stock split	0	0	13,558
Payable to shareholders for reverse/forward stock split	0	0	13,668
Leasehold improvements funded by landlord	$ 0	$ 624	$ 705

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies (a) The Company and Basis of Presentation Travelzoo Inc. (the “Company” or “Travelzoo”) is a global media commerce company. We inform over 28 million members in Asia Pacific, Europe and North America, as well as millions of website users, about the best travel, entertainment and local deals available from thousands of companies. Our deal experts source, research and test-book offers, recommending only those that meet Travelzoo’s rigorous quality standards. We provide travel, entertainment, and local businesses with a fast, flexible, and cost effective way to reach millions of consumers. Our revenues are generated primarily from advertising fees. Our publications and products include the Travelzoo websites (travelzoo.com, travelzoo.ca, travelzoo.co.uk, travelzoo.de, travelzoo.es, travelzoo.fr, cn.travelzoo.com, travelzoo.co.jp, travelzoo.com.au, travelzoo.com.hk, travelzoo.com.tw, among others), the Travelzoo Top 20 e-mail newsletter, the Newsflash e-mail alert service, the SuperSearch pay-per-click travel search tool, and the Travelzoo Network , a network of third-party websites that list travel deals published by Travelzoo. Our Travelzoo websites include Local Deals and Getaway listings that allow our members to purchase vouchers for deals from local businesses such as spas, hotels and restaurants. We receive a percentage of the face value of the voucher from the local businesses. We also operate Fly.com , a travel search engine that allows users to quickly and easily find the best prices on flights from hundreds of airlines and online travel agencies. Ralph Bartel, who founded Travelzoo and who is a Director of the Company is the sole beneficiary of the Ralph Bartel 2005 Trust, which is the controlling shareholder of Azzurro Capital Inc. ("Azzurro"). As of December 31, 2015 , Azzurro is the Company's largest stockholder, holding approximately 51.2% of the outstanding shares. On August 20, 2015 we acquired the Travelzoo Asia Pacific business (“Asia Pacific”), which includes the Travelzoo businesses in Australia, China, Hong Kong, Japan, Taiwan, and Southeast Asia. This business was independently operated by Azzurro Capital Inc. under a licensing agreement with Travelzoo Inc. Azzurro was the majority stockholder of the Travelzoo Asia Pacific business. Travelzoo Inc. accounted for the acquisition as a common control transaction and change in reporting entity. The financial results for Travelzoo Inc. have been retrospectively adjusted to include the financial results of Asia Pacific in the current and prior periods as though the transaction occurred at the beginning of each period presented. The Asia Pacific assets and liabilities have been combined with Travelzoo Inc. at their carrying values as though the transaction occurred at the beginning of each period presented. The Asia Pacific transaction proceeds are reflected as an equity transaction, included in retained earnings, during the period the transaction occurred, which was in the year ended December 31, 2015 . See Note 13 to the accompanying unaudited condensed consolidated financial statements for further information on the acquisition of Asia Pacific. Certain prior period statement of operations amounts have been reclassified to conform to the current period presentation primarily due to the Company's allocation of facilities costs to all of its operating activities and separate disclosure of product development costs as shown below (in thousands): Year Ended December 31, 2014 2013 Cost of revenues $ 378 $ 144 Sales and marketing 8,814 8,738 Product development 11,091 8,649 General and administrative (20,283 ) (17,531 ) $ — $ — The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, including the recently acquired Asia Pacific subsidiaries reflected in the current and prior periods. All significant intercompany accounts and transactions have been eliminated in consolidation. (b) Revenue Recognition The Company’s revenue consists primarily of advertising sales. Advertising revenues are principally derived from the sale of advertising in Asia Pacific, Europe and North America on the Travelzoo website, in the Travelzoo Top 20 e-mail newsletter, in Newsflash , from SuperSearch , from the Travelzoo Network , and from Fly.com . The Company also generates revenue from the sale of vouchers through our Local Deals and Getaway e-mail alert services and providing hotel bookings. Advertising revenues are recognized in the period in which the advertisement is displayed or the voucher sale has been completed, provided that evidence of an arrangement exists, the fees are fixed or determinable and collection of the resulting receivable is reasonably assured. The Company evaluates each of these criteria as follows: • Evidence of an arrangement. The Company considers an insertion order signed by the advertiser or its agency to be evidence of an arrangement. • Delivery. Delivery is considered to occur when the advertising has been displayed, the click-throughs have been delivered or the voucher sale has been completed, as applicable. • Fixed or determinable fee. The Company considers the fee to be fixed or determinable if the fee is not subject to refund or adjustment and payment terms are standard. • Collection is deemed reasonably assured . The Company conducts a credit review for all advertising transactions at the time of the arrangement to determine the creditworthiness of the advertiser. Collection is deemed reasonably assured if it is expected that the advertiser will be able to pay amounts under the arrangement as payments become due. Collection is deemed not reasonably assured when an advertiser is perceived to be in financial distress, which may be evidenced by weak industry condition, bankruptcy filing, or previously billed amounts that are past due. If it is determined that collection is not reasonably assured, then revenue is deferred and recognized upon cash collection. Collection is deemed reasonably assured for our voucher sales to consumers as these transactions require the use of credit cards subject to authorization. The Company recognizes revenue for fixed-fee advertising arrangements ratably over the term of the insertion order as described below, with the exception of Travelzoo Top 20 or Newsflash insertions, which are recognized upon delivery. The majority of insertion orders have terms that begin and end in a quarterly reporting period. In the cases where at the end of a quarterly reporting period the term of an insertion order is not complete, the Company allocates the total arrangement fee to each element based on the relative estimated selling price of each element. The Company recognizes revenue for the period based on elements delivered during the period. The Company uses prices stated on its internal rate card, which represents stand-alone sales prices, to establish estimated selling prices. The stand-alone price is the price that would be charged if the advertiser purchased only the individual insertion. Fees for variable-fee advertising arrangements are recognized based on the number of impressions displayed, number of clicks delivered, number of emails sent or number of referrals generated during the period. Insertion orders that include fixed-fee advertising are invoiced upon acceptance of the insertion order and on the first day of each month over the term of the insertion order, with the exception of Travelzoo Top 20 or Newsflash listings, which are invoiced upon delivery. Insertion orders that include variable-fee advertising are invoiced at the end of the month. The Company’s standard terms state that in the event that Travelzoo fails to publish advertisements as specified in the insertion order, the liability of Travelzoo to the advertiser shall be limited to, at Travelzoo’s sole discretion, a pro rata refund of the advertising fee, the placement of the advertisements at a later time in a comparable position, or the extension of the term of the insertion order until the advertising is fully delivered. The Company believes that no significant obligations exist after the full delivery of advertising. Revenues from advertising sold to advertisers through agencies are reported at the net amount billed to the agency. For Local Deals and Getaways products , the Company earns a fee for acting as an agent in these transactions which is recorded on a net basis and is included in revenue upon completion of the voucher sale. Certain merchant contracts in foreign locations allow us to retain fees related to vouchers sold that are not redeemed by purchasers upon expiration, which we recognize as revenue after the expiration of the redemption period and after there are no further obligations to provide funds to merchants, members or others. Commission revenues generated through provision of hotel booking reservations to hotels are recognized upon the estimated date the stay occurs at the hotel, which includes estimates of cancellations of the hotel bookings based upon historical patterns. If the hotel booking cannot be canceled then revenue is recognized upon booking. (c) Reserve for Member Refunds We record an estimated reserve for member refunds based on our historical experience at the time revenue is recorded for Local Deals and Getaways voucher sales. We accrue costs associated with refunds in accrued expenses on the consolidated balance sheets. We consider many key factors such as the historical refunds based upon the time lag since the sale, historical reasons for refunds, time period that remains until the deal expiration date, any changes in refund procedures and estimates of redemptions and breakage. Should any of these factors change, the estimates made by management will also change, which could impact the level of our future reserves for member refunds. Specifically, if the financial condition of our advertisers, the business that is providing the vouchered service, were to deteriorate, affecting their ability to provide the services to our members, additional reserves for member refunds may be required. Estimated member refunds that are determined to be recoverable from the merchant are recorded in the consolidated statements of operations as a reduction to revenue. We accrue costs associated with refunds in accrued expenses on the consolidated balance sheets. Estimated member refunds that are determined not to be recoverable from the merchant, are presented as a cost of revenue. If our judgments regarding estimated member refunds are inaccurate, reported results of operations could differ from the amount we previously accrued. (d) Allowance for Doubtful Accounts We record a provision for doubtful accounts based on our historical experience of write-offs and a detailed assessment of our accounts receivable and allowance for doubtful accounts. In estimating the provision for doubtful accounts, management considers the age of the accounts receivable, our historical write-offs, the creditworthiness of the advertiser, the economic conditions of the advertiser’s industry, and general economic conditions, among other factors. Should any of these factors change, the estimates made by management will also change, which could impact the level of our future provision for doubtful accounts. Specifically, if the financial condition of our advertisers were to deteriorate, affecting their ability to make payments, additional provision for doubtful accounts may be required. (e) Use of Estimates Management of the Company has made a number of estimates and assumptions relating to the reporting of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with accounting principles generally accepted in the United States of America. Actual results could differ materially from those estimates. (f) Cash and Cash Equivalents Cash equivalents consist of highly liquid investments with remaining maturities of less than three months on the date of purchase. (g) Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Additions and improvements are capitalized. Maintenance and repairs are expensed as incurred. The Company also includes in fixed assets the capitalized cost of internal-use software and website development, including software used to upgrade and enhance its website and processes supporting the Company’s business in accordance with the framework established by the FASB accounting guidance for accounting for the cost of computer software developed or obtained for internal use and accounting for website development costs. Costs incurred in the planning stage and operating stage are expensed as incurred while costs incurred in the application development stage and infrastructure development stage are capitalized, assuming such costs are deemed to be recoverable. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. Estimated useful lives are 3 to 5 years for computer hardware and software, capitalized internal-use software and website development costs, and office equipment and office furniture. The Company depreciates leasehold improvements over the term of the lease or the estimated useful life of the asset, whichever is shorter. (h) Advertising Costs Advertising costs are expensed as incurred. Online advertising is expensed as incurred over the period the advertising is displayed. Advertising costs amounted to $25.6 million , $20.8 million and $27.8 million for years ended December 31, 2015, 2014 and 2013 , respectively. (i) Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets are recognized for deductible temporary differences, along with net operating loss carryforwards and credit carryforwards, if it is more likely than not that the tax benefits will be realized. To the extent a deferred tax asset cannot be recognized under the preceding criteria, valuation allowances must be established. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. (j) Impairment of Long-Lived Assets The Company accounts for long-lived assets in accordance with the accounting standard relating to impairment of long-lived assets, which requires an impairment loss to be recognized on assets to be held and used if the carrying amount of a long-lived asset group is not recoverable from its undiscounted cash flows. The amount of the impairment loss is measured as the difference between the carrying amount and the fair value of the asset group. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate the carrying value of an asset may not be recoverable. During the year ended December 31, 2014, the Company recorded a charge to write down the value of certain internally developed software applications that were no longer determined to have alternative use for $249,000 . No impairment loss was recognized during years ended December 31, 2015 and 2013 . (k) Stock-Based Compensation The Company accounts for its employee stock options under the fair value method, which requires stock-based compensation to be estimated using the fair value on the date of grant using an option-pricing model. The value of the portion of the award that is expected to vest is recognized as expense over the related employees’ requisite service periods in the Company’s consolidated statements of operations. Total stock-based compensation for the years ended December 31, 2015, 2014 and 2013 was $ 401,000 , $982,000 and $1.4 million , respectively. See Note 9 to the accompanying consolidated financial statements for a further discussion on stock-based compensation. (l) Foreign Currency All foreign subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated into U.S. dollars at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the period. Gains and losses resulting from translation are recorded as a component of accumulated other comprehensive income (loss). Realized gains and losses from foreign currency transactions are recognized as gain or loss on foreign currency in the consolidated statements of operations. (m) Certain Risks and Uncertainties The Company’s cash, cash equivalents and accounts receivable are potentially subject to concentration of credit risk. Cash and cash equivalents are placed with financial institutions that management believes are of high credit quality. The accounts receivable are derived from revenue earned from customers located in the U.S. and internationally. As of December 31, 2015 and 2014 , the Company had one customer that accounted for 15% and 10% , respectively, of accounts receivable. (n) Recent Accounting Pronouncements In April 2014, the FASB issued an accounting standard update that changes the threshold and amends the requirements for reporting discontinued operations. Under the amended guidance, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component or group of components meets the criteria to be classified as held for sale or when the component or group of components is disposed of by sale or other than by sale. For disposals of individually significant components that do not qualify as discontinued operations, an entity must disclose pre-tax earnings of the disposed component. For public business entities, this guidance is effective prospectively for all disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. This accounting standard update became effective for the Company on January 1, 2015. The adoption of this accounting standard update did not have a material impact on the Company’s consolidated results of operations, financial position or cash flows. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most of the existing revenue recognition guidance in U.S. GAAP when it becomes effective. This new accounting standard is effective for the Company on January 1, 2018. Early application is not permitted. This new accounting standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. In August 2014, the FASB issued an accounting standard update that requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued and provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. Certain disclosures will be required if conditions give rise to substantial doubt about an entity’s ability to continue as a going concern. This accounting standard update applies to all entities and is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter, with early adoption permitted. This accounting standard update will be effective for the Company on January 1, 2016. The adoption of this accounting standard update is not expected to have a material impact on the Company’s consolidated results of operations, financial position or cash flows. In April 2015, the FASB issued ASU 2015-03, Interest- Imputation of Interest, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. This accounting standard update will be effective for the Company on January 1, 2016. The adoption of this standard is not expected to have a material impact on the Company’s consolidated statement of financial position. In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes, which simplifies the presentation of deferred income taxes by requiring deferred tax assets and liabilities be classified as noncurrent on the balance sheet. The updated standard is effective for us beginning on January 1, 2017 with early application permitted as of the beginning of any interim or annual reporting period. This accounting standard update will be effective for the Company on January 1, 2017. The adoption of this accounting standard update is not expected to have a material impact on the Company’s consolidated statement of financial position. In February 2016, the FASB issued an accounting standard update ASU 2016-02, Leases, which requires that lease arrangements longer than 12 months result in an entity recognizing an asset and liability. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and early adoption is permitted. This accounting standard update will be effective for the Company on January 1, 2019. The Company has not yet evaluated nor has it determined the effect of the standard on its ongoing financial reporting.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	Net Income (Loss) Per Share Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding for the period. Diluted net income (loss) per share is computed by adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period. Potential common shares included in the diluted calculation consist of incremental shares issuable upon the exercise of outstanding stock options calculated using the treasury stock method. The following table sets forth the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts): Year Ended December 31, 2015 2014 2013 Basic net income (loss) per share: Net income (loss) $ 10,864 $ 13,062 $ (6,582 ) Weighted average common shares 14,722 14,768 15,269 Basic net income (loss) per share $ 0.74 $ 0.88 $ (0.43 ) Diluted net income (loss) per share: Net income (loss) $ 10,864 $ 13,062 $ (6,582 ) Weighted average common shares 14,722 14,768 15,269 Effect of dilutive securities: stock options — 41 — Diluted weighted average common shares 14,722 14,809 15,269 Diluted net income (loss) per share $ 0.74 $ 0.88 $ (0.43 ) For the years ended December 31, 2015 , 2014 and 2013 , options to purchase 775,000 , 125,000 and 475,000 shares of common stock, respectively, were not included in the computation of diluted net loss per share because the effect would have been anti-dilutive.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Financial Instruments	Financial Instruments The following tables summarize our financial assets measured at fair value on a recurring basis at December 31, 2015 and 2014 (in thousands): Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total (Level 1) (Level 2) (Level 3) Balance at December 31, 2015 Cash $ 35,128 $ 35,128 $ — $ — Total cash $ 35,128 $ 35,128 $ — $ — Certificates of deposit $ 708 $ — $ 708 $ — Merchant bank deposit 725 725 — — Total restricted cash and cash equivalents $ 1,433 $ 725 $ 708 $ — Balance at December 31, 2014 Cash $ 55,417 $ 55,417 $ — $ — Total cash $ 55,417 $ 55,417 $ — $ — Certificates of deposit $ 762 $ — $ 762 $ — Merchant bank deposit 800 800 — — Total restricted cash and cash equivalents $ 1,562 $ 800 $ 762 $ — At December 31, 2015 and 2014 , accounts receivable and accounts payable are not measured at fair value; however, the Company believes that the carrying amounts of these assets and liabilities are a reasonable estimate of their fair value because of their relative short maturity. Accounts receivable and accounts payable are categorized as Level 2. At December 31, 2015 and 2014 , the notes payable to related party is not measured at fair value; however, the Company believes that the carrying amounts of these assets and liabilities are a reasonable estimate of their fair value because of their relatively short maturity and subsequent payment. There have been no transfers and no changes in valuation methods for these assets or liabilities for the years ended December 31, 2015 and 2014 .

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Dec. 31, 2015
Balance Sheet Related Disclosures [Abstract]
Balance Sheet Components	Balance Sheet Components Prepaid expenses and other consist of the following (in thousands): December 31, 2015 2014 Prepaid expenses $ 1,630 $ 2,142 Other current assets 537 534 Total prepaid expenses and other $ 2,167 $ 2,676 Property and equipment consist of the following (in thousands): December 31, 2015 2014 Computer hardware and software $ 4,811 $ 4,516 Office equipment and office furniture 9,306 9,494 Capitalized internal-use software and website development 3,089 3,181 Leasehold improvements 6,064 5,651 23,270 22,842 Less accumulated depreciation and amortization (15,365 ) (13,344 ) Total $ 7,905 $ 9,498 Depreciation expense was $2.2 million , $2.6 million , and $2.5 million for the years ended December 31, 2015, 2014 and 2013 , respectively. Amortization of capitalized internal-use software and website development costs was $308,000 , $192,000 and zero for the years ended December 31, 2015, 2014 and 2013 , respectively. Changes to the allowance for doubtful accounts and reserve for member refunds are as follows (in thousands): Allowance for doubtful accounts Reserve for Balance at January 1, 2013 $ 506 $ 999 Additions — charged to costs and expenses, or contra revenue, net 101 940 Deductions — recoveries of amounts previously charged-off (21 ) — Deductions — write-offs (150 ) (1,126 ) Balance at December 31, 2013 436 813 Additions — charged to costs and expenses, or contra revenue, net 170 1,299 Deductions — recoveries of amounts previously charged-off (118 ) — Deductions — write-offs (44 ) (1,313 ) Balance at December 31, 2014 444 799 Additions — charged to costs and expenses, or contra revenue, net 295 776 Deductions — recoveries of amounts previously charged-off (179 ) — Deductions — write-offs (176 ) (1,045 ) Balance at December 31, 2015 $ 384 $ 530 Local Deals and Getaway merchant payable included in accounts payable was $19.1 million and $20.6 million , as of December 31, 2015 and 2014 , respectively. Accrued expenses and other consist of the following (in thousands): December 31, 2015 2014 Accrued advertising expense $ 1,801 $ 2,738 Accrued compensation expense 4,373 4,652 Reserve for member refunds 530 799 Other accrued expenses 2,963 3,244 Deferred rent 473 381 Total accrued expenses and other $ 10,140 $ 11,814

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company was formed as a result of a combination and merger of entities founded by the Company’s principal stockholder, Ralph Bartel. In 2002, Travelzoo.com Corporation was merged into Travelzoo Inc. Under and subject to the terms of the merger agreement, holders of promotional shares of Travelzoo.com Corporation (“Netsurfers”) who established that they had satisfied certain prerequisite qualifications were allowed a period of 2 years following the effective date of the merger to receive one share of Travelzoo Inc. in exchange for each share of common stock of Travelzoo.com Corporation. In 2004, two years following the effective date of the merger, certain promotional shares remained unexchanged. As the right to exchange these promotional shares expired, no additional shares were reserved for issuance. Thereafter, the Company began to offer a voluntary cash program for those who established that they had satisfied certain prerequisite qualifications for Netsurfer promotional shares as further described below. Beginning in 2010, the Company became subject to unclaimed property audits of various states in the United States related to the above unexchanged promotional shares. The Company recorded charges for the estimated settlements with these states of $20.0 million , $3.0 million and $22.0 million in 2011, 2012 and 2013, respectively. In 2014, the Company released $7.6 million of the reserve related to the completion of settlements with the states and in 2015 the Company paid the final settlements outstanding. Although the Company has settled the states unclaimed property claims with all states, the Company may still receive inquiries from certain potential Netsurfer promotional stockholders that had not provided their state of residence to the Company by April 25, 2004. Therefore, the Company is continuing its voluntary program under which it makes cash payments to individuals related to the promotional shares for individuals whose residence was unknown by the Company and who establish that they satisfy the original conditions required for them to receive shares of Travelzoo.com Corporation, and who failed to submit requests to convert their shares into shares of Travelzoo Inc. within the required time period. This voluntary program is not available for individuals whose promotional shares have been escheated to a state by the Company, except those individuals for which their residence was unknown to the Company. The accompanying consolidated financial statements include a charge for payments under this voluntary program in general and administrative expenses of $ 1,000 , $6,000 and $23,000 for the year ended December 31, 2015 , 2014 and 2013 , respectively. The total cost of this voluntary program is not reliably estimable because it is based on the ultimate number of valid requests received and future levels of the Company’s common stock price. The Company’s common stock price affects the potential liability because the amount of cash payments under the program is based in part on the recent level of the stock price at the date valid requests are received. The Company does not know how many of the requests for shares originally received by Travelzoo.com Corporation in 1998 were valid, but the Company believes that only a portion of such requests were valid. In order to receive payment under this voluntary program, a person is required to establish that such person validly held shares in Travelzoo.com Corporation. The Company leases office space in Australia, Canada, China, France, Germany, Hong Kong, Japan, Singapore, Spain, Taiwan, the U.K., and the U.S. under operating leases which expire between March 31, 2016 and November 30, 2024. Rent expense was $5.8 million , $6.0 million and $6.2 million for years ended December 31, 2015, 2014 and 2013 , respectively. Some of these lease agreements have free or escalating rent payment provisions. We recognize rent expense under such arrangements on a straight line basis. On August 20, 2015, as part of the Asia Pacific acquisition, Travelzoo (Europe) Limited issued a promissory note to Azzurro with a principal amount of $5.7 million , with a maturity date of August 20, 2018 and the ability to pay off principal prior to this maturity date with no prepayment penalty and a stated interest rate of 7% . In January 2016, the full amount of the loan was paid off by Travelzoo (Europe) Limited. The Company has purchase commitments which represent the minimum obligations the Company has under agreements with certain vendors. These minimum obligations are less than our projected use for those periods. Payments may be more than the minimum obligations based on actual use. The following summarizes our principal contractual commitments as of December 31, 2015 (in thousands): 2016 2017 2018 2019 2020 Thereafter Total Operating leases $ 4,621 $ 3,895 $ 3,311 $ 3,033 $ 2,633 $ 7,801 $ 25,294 Purchase obligations 1,537 882 365 — — — 2,784 Total commitments $ 6,158 $ 4,777 $ 3,676 $ 3,033 $ 2,633 $ 7,801 $ 28,078

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The components of income (loss) before income tax expense are as follows (in thousands): Year Ended December 31, 2015 2014 2013 U.S. $ 5,334 $ 14,363 $ (6,964 ) Foreign 570 3,538 8,100 $ 5,904 $ 17,901 $ 1,136 Income tax expense consists of current and deferred components categorized by federal, state and foreign jurisdictions, as shown below. The current provision is generally that portion of income tax expense that is currently payable to the taxing authorities. The Company makes estimated payments of these amounts during the year. The deferred tax provision results from changes in the Company’s deferred tax assets (future deductible amounts) and tax liabilities (future taxable amounts), which are presented in the table below: Current Deferred Total (In thousands) Year Ended December 31, 2015 Federal $ (5,851 ) $ (238 ) $ (6,089 ) State 337 51 388 Foreign 759 (18 ) 741 $ (4,755 ) $ (205 ) $ (4,960 ) Year Ended December 31, 2014 Federal $ 2,124 $ 294 $ 2,418 State 670 21 691 Foreign 1,725 5 1,730 $ 4,519 $ 320 $ 4,839 Year Ended December 31, 2013 Federal $ 5,504 $ 21 $ 5,525 State 1,023 (30 ) 993 Foreign 517 683 1,200 $ 7,044 $ 674 $ 7,718 Income tax expense differed from the amounts computed by applying the U.S. federal statutory tax rate applicable to the Company’s level of pretax income as a result of the following (in thousands): Year Ended December 31, 2015 2014 2013 Federal tax at statutory rates $ 2,083 $ 7,416 $ 947 State taxes, net of federal income tax benefit 254 504 694 Expired capital loss carryforward — 1,534 — Change of valuation allowance 816 (1,534 ) (1,131 ) Unexchanged promotional shares — (2,654 ) 7,700 Non-deductible expenses and other (178 ) (427 ) (492 ) Uncertain tax positions (7,935 ) — — Total income tax expense $ (4,960 ) $ 4,839 $ 7,718 The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows (in thousands): December 31, 2015 2014 Deferred tax assets: Foreign net operating loss carryforwards $ 6,940 $ 6,431 State income taxes 142 196 Accruals and allowances 783 868 Stock based compensation 1,932 1,803 Deferred revenue 292 255 Deferred rent 636 580 Total deferred tax assets 10,725 10,133 Valuation allowance (6,940 ) (6,431 ) Total deferred tax assets net of valuation allowance 3,785 3,702 Deferred tax liabilities: U.S. tax on undistributed earnings (247 ) (350 ) Property, equipment and intangible assets (581 ) (636 ) Total deferred tax liabilities (828 ) (986 ) Net deferred tax assets $ 2,957 $ 2,716 As of December 31, 2015 , the Company has a valuation allowance of approximately $6.9 million related to foreign net operating loss carryforwards (“NOL”) of approximately $29.6 million for which it is more likely than not that the tax benefit will not be realized. If not utilized, the foreign net operating loss carryforwards begin to expire in 2016. The amount of the valuation allowance represented an increase of approximately $509,000 over the amount recorded as of December 31, 2014 , and was due to the increase in foreign operating losses. If not utilized, foreign NOL of $17.2 million may be carried forward indefinitely, and foreign NOL of $12.4 million will expire at various times between 2016 and 2024. United States income and foreign withholding taxes have not been provided on undistributed earnings for certain non-U.S. subsidiaries. The undistributed earnings on a book basis for the non-U.S. subsidiaries are approximately $ 7.9 million . The Company intends to reinvest these earnings indefinitely in its operations outside the U.S. If the undistributed earnings are remitted to the U.S. these amounts would be taxable in the U.S at the current federal and state tax rates net of foreign tax credits. Also, depending on the jurisdiction any distribution may be subject to withholding taxes at rates applicable for that jurisdiction. The estimated amount of the unrecognized deferred tax liability attributed to future dividend distributions of undistributed earnings is approximately $538,000 at December 31, 2015 . The Company maintains liabilities for uncertain tax positions. The Company’s policy is to include interest and penalties related to unrecognized tax positions in income tax expense. To the extent accrued interest and penalties do not ultimately become payable, amounts accrued will be reduced and reflected as a reduction in the overall income tax provision in the period that such determination is made. At December 31, 2015 , the Company had approximately $2.1 million in total unrecognized tax benefits, approximately $792,000 in accrued interest, of which $229,000 was accrued in 2015 , and approximately $80,000 in accrued penalties, of which none was accrued in 2015 . The unrecognized tax benefits of approximately $2.1 million which, if recognized, would favorably affect the Company’s effective income tax rate. The decrease in the unrecognized tax benefit for the year ended December 31, 2015 was due primarily to the recognition of a $7.6 million tax benefit related to the unexchanged promotional shares after a lapse of certain statute of limitations. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands): Unrecognized tax benefits balance at January 1, 2013 $ 9,365 Increase related to prior year tax positions — Decrease related to prior year tax positions — Increase related to current year tax positions 38 Settlements (58 ) Lapse of statute of limitations — Unrecognized tax benefits balance at December 31, 2013 9,345 Increase related to prior year tax positions — Decrease related to prior year tax positions — Increase related to current year tax positions 38 Settlements — Lapse of statute of limitations — Unrecognized tax benefits balance at December 31, 2014 9,383 Increase related to prior year tax positions 584 Decrease related to prior year tax positions — Increase related to current year tax positions 11 Settlements — Lapse of statute of limitations (7,850 ) Unrecognized tax benefits balance at December 31, 2015 $ 2,128 The Company is in various stages of multiple year examinations by federal taxing authorities. Although the timing of initiation, resolution and/or closure of audits is highly uncertain, it is reasonably possible that the balance of the gross unrecognized tax benefits related to the method of computing income taxes in certain jurisdictions and losses reported on certain income tax returns could significantly change in the next 12 months. These changes may occur through settlement with the taxing authorities or the expiration of the statute of limitations on the returns filed. The Company is unable to estimate the range of possible adjustments to the balance of the gross unrecognized tax benefits. The Company files income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions. The Company is subject to U.S. federal and certain state tax examinations for certain years after 2008 and is subject to California tax examinations for years after 2005. The material foreign jurisdictions where the Company is subject to potential examinations by tax authorities are the United Kingdom and Germany for tax years after 2011. The Company's 2009 federal income tax return is currently under examination, including a review of the impact of the sale of Asia Pacific business segment in 2009. These examinations may lead to ordinary course adjustments or proposed adjustments to our taxes or our net operating income. The Company has received a Revenue Agent’s Report (RAR) generally issued at the conclusion of an IRS examination, which was consistent with the Notice of Proposed Adjustment received earlier from the IRS for the 2009 calendar year related to the sale of our Asia Pacific business segment with additional penalties. The RAR proposes an increase to the Company's U.S. taxable income which would result in additional federal tax, federal penalty and state tax expense totaling approximately $31 million , excluding interest and state penalties, if any. The proposed adjustment is primarily driven by IRS’s view that the Asia Pacific business segment assets sold by the Company had a significantly higher valuation than the sales proceeds the Company received upon the sale. The Company disagrees with the proposed adjustments and intends to vigorously contest them. The Company did not make any adjustments to its liabilities for uncertain tax positions related to the RAR for the year ended December 31, 2015 because the Company does not believe the IRS’s valuation of Asia Pacific business segment assets is appropriate. If we are not able to resolve these proposed adjustments at the IRS examination level, we plan to pursue all available administrative and, if necessary, judicial remedies.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following table summarizes the changes in accumulated balances of other comprehensive income (loss) (in thousands): Year Ended December 31, 2015 2014 2013 Beginning balance $ (2,602 ) $ (374 ) $ (670 ) Other comprehensive income due to foreign currency translation, net of tax (1,306 ) (2,228 ) 296 Ending balance $ (3,908 ) $ (2,602 ) $ (374 ) There were no amounts reclassified from accumulated other comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013 . Accumulated other comprehensive income (loss) consists of foreign currency translation gain or loss.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plan	Employee Benefit Plan The Company maintains a 401(k) Profit Sharing Plan & Trust (the “401(k) Plan”) for its employees in the United States. The 401(k) Plan allows employees of the Company to contribute up to 80% of their eligible compensation, subject to certain limitations. Since 2006, the Company matches employee contributions up to $1,500 per year. Employee contributions are fully vested upon contribution, whereas the Company’s matching contributions are fully vested after the first year of service. The Company also has various defined contribution plans for its international employees. The Company’s contributions to these benefit plans were approximately $2.1 million , $2.2 million and $2.3 million for the years ended December 31, 2015, 2014 and 2013 , respectively.

Stock-Based Compensation and St

Stock-Based Compensation and Stock Options	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation and Stock Options	Stock-Based Compensation and Stock Options The Company accounts for its employee stock options under the fair value method, which requires stock-based compensation to be estimated using the fair value on the date of grant using an option-pricing model. The value of the portion of the award that is expected to vest is recognized on a straight-line basis as expense over the related employees’ requisite service periods in the Company’s consolidated statements of income. Cash flows resulting from tax deductions in excess of the compensation cost recognized for those options (excess tax benefits) are classified as financing cash flows. For the years ended years ended December 31, 2015, 2014 and 2013 , there were no stock option exercises and no excess tax benefits. In November 2009, the Company granted to one of its employees options to purchase 300,000 shares of common stock with an exercise price of $14.97 , of which 75,000 options vest and become exercisable annually starting on July 1, 2011. The options expire in November 2019. As of December 31, 2015 , 300,000 of these options were vested and outstanding. In January 2012, the Company granted certain executives stock options to purchase 100,000 shares of common stock with an exercise price of $28.98 , of which 25,000 options vest and become exercisable annually starting on January 23, 2013. The options expire in January 2022. As of December 31, 2015 , 37,500 of the options are vested and 50,000 options are outstanding. During 2014 , 25,000 options were canceled and 25,000 options were forfeited upon the departure of an executive and the corresponding compensation expense of $186,000 for the forfeited options was reversed. In July 2013, the Company granted an executive stock options to purchase 75,000 shares of common stock with an exercise price of $29.58 , of which 25,000 options become exercisable annually starting July 1, 2015. The options expire in July 2023. As of December 31, 2015 , 25,000 of these options were vested and 25,000 options were outstanding. Due to the planned departure of the executive in 2015 , the Company reversed $216,000 compensation expense which was related to previously recognized expense on the portion of the options that were no longer expected to vest. In September 2015, the Company granted an executive stock options to purchase 400,000 shares of common stock with an exercise price of $8.07 , of which 50,000 options become exercisable quarterly starting March 31, 2016. The options expire in September 2025. As of December 31, 2015 , 400,000 options were outstanding and none of these options were vested. In March 2016, the Company granted certain executives stock options to purchase 150,000 shares of common stock with an exercise price of $8.55 , of which 37,500 options vest and become exercisable annually starting on March 7, 2017. Total stock-based compensation for fiscal years 2015 , 2014 and 2013 was $401,000 , $982,000 and $ 1.4 million , respectively. The Company utilized the Black-Scholes option pricing model to value the stock options granted in 2015, 2013, 2012 and 2009. The Company used an expected life as defined under the simplified method, which is using an average of the contractual term and vesting period of the stock options. The risk-free interest rate used for the award is based on the U.S. Treasury yield curve in effect at the time of grant. The historical volatility was calculated based upon implied volatility of the Company's historical stock prices. The Company used a forfeiture rate of 0% . To the extent the actual forfeiture rate is different from what we have anticipated, stock-based compensation related to these options will be different from our expectations. The fair value of 2015, 2013 and 2012 stock options was estimated using the Black-Scholes option pricing model with the following weighted-average assumptions: 2015 2013 2012 Weighted-average fair value of options granted per share $ 4.42 $ 18.87 $ 19.08 Historical volatility 59 % 70 % 74 % Risk-free interest rate 1.73 % 1.70 % 1.11 % Dividend yield — — — Expected life in years 5.75 6.25 6.25 As of December 31, 2015 , there was approximately $5,000 of unrecognized stock-based compensation expense related to outstanding 2012 stock options, expected to be recognized over 0.1 years , and approximately $1.6 million of unrecognized stock-based compensation expense related to outstanding 2015 stock options, expected to be recognized over 2.0 years . As of December 31, 2015 , there was no unrecognized stock-based compensation expense relating to 2009 and 2013 stock options grants. Option activities during the years ended December 31, 2013 , 2014 , and 2015 were as follows: Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life Aggregate Intrinsic Value (In thousands) Outstanding at January 1, 2013 400,000 $ 18.47 7.43 years $ 1,206 Options granted 75,000 $ 29.58 Outstanding at December 31, 2013 475,000 $ 20.23 6.93 years $ 1,905 Options forfeited (25,000 ) $ 28.98 Options canceled (25,000 ) 28.98 Outstanding at December 31, 2014 425,000 $ 19.20 5.79 years $ — Option Granted 400,000 8.07 Options canceled (50,000 ) $ 29.58 Outstanding at December 31, 2015 775,000 $ 12.78 5.53 years $ 120 Exercisable and fully vested at December 31, 2015 362,500 $ 17.43 0.85 years $ — Outstanding at December 31, 2015 and expected to vest thereafter 412,500 $ 8.70 9.64 years The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on the last trading day of years ended December 31, 2015, 2014 and 2013 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2015 , 2014 , and 2013 . This amount changes based on the fair market value of the Company’s stock. The Company’s policy is to issue shares from the authorized shares to fulfill stock option exercises. Outstanding options at December 31, 2015 were as follows: Exercise Price Shares Outstanding Options Outstanding Weighted- Average Remaining Contractual Life Weighted- Average Exercise Price Shares Outstanding and Exercisable Options Exercisable Weighted- Average Remaining Contractual Life $ 14.97 300,000 0.25 years $ 14.97 300,000 0.25 years $ 28.98 50,000 6.07 years $ 28.98 37,500 6.07 years $ 29.58 25,000 0.25 years $ 29.58 25,000 0.25 years $ 8.07 400,000 9.75 years $ 8.07 — —

Stock Repurchase Program

Stock Repurchase Program	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Stock Repurchase Program	Stock Repurchase Program The Company's stock repurchase programs assist in offsetting the impact of dilution from employee equity compensation and for capital allocation purposes. Management is allowed discretion in the execution of the repurchase program based upon market conditions and consideration of capital allocation. In July 2012, the Company announced a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock. There were 29,000 shares remaining to be repurchased under this program as of December 31, 2013 , which were repurchased in 2014. In January 2014 , the Company announced a stock repurchase program authorizing the repurchase of up to 500,000 shares of the Company’s outstanding common stock. During the year ended December 31, 2014 , the Company repurchased 261,000 shares of common stock for an aggregate purchase price of $5.9 million , which were recorded as part of treasury stock as of December 31, 2014 . During the year ended December 31, 2015 , the Company repurchased 212,000 shares of common stock for an aggregate purchase price of $1.7 million , which were recorded as part of treasury stock as of December 31, 2015 . There were 56,000 shares remaining to be repurchased under this program as of December 31, 2015 . In February 2016 , the Company announced a stock repurchase program authorizing the repurchase of up to 1,000,000 shares of the Company’s outstanding common stock.

Reverse_Forward Stock Split

Reverse/Forward Stock Split	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Reverse/Forward Stock Split	Reverse/Forward Stock Split On June 11, 2013, a Special Committee of the Company’s Board of Directors, consisting of three independent directors, unanimously approved a reverse/forward stock split transaction (collectively referred to as the “reverse/forward split”), subject to shareholder approval. The reverse/forward split was intended to reduce the Company’s shareholder account administration costs by reducing the number of its shareholders. On September 12, 2013, at the Company’s annual shareholders meeting, Travelzoo shareholders voted in favor of the reverse/forward split, with the transaction receiving the votes of both (A) a majority of the issued and outstanding shares of common stock and (B) a majority of the issued and outstanding shares of common stock that are not held or controlled, directly or indirectly, by directors or officers of the Company, including, without limitation, the shares held by Azzurro Capital Inc., our principal stockholder. On November 6, 2013, the Special Committee approved the execution of the transaction after receiving an opinion from a financial advisor regarding the fairness of the transaction from a financial point of view to the Company's shareholders whose positions, individually considered, consisted of fewer than 25 shares, of the per-share consideration to be received by such shareholders in the reverse/forward split. The Special Committee received legal counsel from Young Conaway Stargatt & Taylor, LLP in connection with its review of the transaction. In addition, the Company received legal counsel from Skadden, Arps, Slate, Meagher & Flom LLP and Bryan Cave LLP in connection with the transaction. On November 6, 2013, based upon the Special Committee’s approval of the transaction and the receipt of a fairness opinion from the financial advisor, the Company executed the shareholder approved reverse/forward split. The reverse/forward split transaction consisted of a 1-for- 25 reverse stock split of the Company's outstanding common stock, followed immediately by a 25 -for-1 forward stock split. Shareholders who held less than 25 shares immediately prior to the reverse stock split received a right to cash payment based on and equal to their resulting fractional interest times the price of a share equal to the higher of (a) the trailing ten day average trading price of the Company’s common stock immediately preceding the consummation date of the reverse/forward split or (b) the average aggregate sales price received in the sale on the open market of the shares resulting from aggregation of the fractionalized interests. Shareholders that held 25 or more shares of common stock immediately before the reverse/forward split did not receive a right to cash payment; instead these shareholders continued to hold the same number of shares after completion of the reverse/forward split as they held immediately prior. A description of the terms and conditions of the reverse/forward split was set forth in the Company’s definitive Proxy Statement for the 2013 annual shareholders meeting filed with the U.S. Securities and Exchange Commission on July 25, 2013. The reverse/forward split resulted in approximately 643,218 of the Company’s outstanding shares being fractionalized. Shareholders holding less than 25 shares of common stock immediately prior to the reverse split did not receive fractional shares in the reverse stock split; instead these shareholders had their shares converted into the right to receive a cash payment in exchange for and in proportion to the fractional share interests resulting from the reverse stock split. To fund the cash payment due to shareholders that held a right to receive cash from the transaction, the fractional share interests were aggregated by the Company’s transfer agent, who sold the aggregated shares in the open market following the execution of the transaction. As of December 31, 2013 , the Company completed the sales of the aggregated fractional shares from the reverse/forward split in the open market and the sales proceeds of $13.6 million were held by the Company’s transfer agent in anticipation of the payment to be made to the fractionalized shareholders and were included in Funds Held for Reverse/Forward Stock Split on the Company’s balance sheet. As of December 31, 2013 , the total amount payable of $13.7 million to fractionalized shareholders as a result of the execution of the reverse/forward split was reflected as a Payable to Shareholders for Reverse/Forward Stock Split on the Company’s balance sheet. For the year ended December 31, 2015 and 2014 , the Company’s retained earnings includes a total adjustment of $102,000 and $344,000 , respectively, related to the reverse/forward split, which includes transaction costs. During the year ended December 31, 2014 , the Company’s transfer agent issued checks amounting to $13.4 million to pay shareholders that held a right to cash in exchange for the fractional shares that were a result of the reverse/forward split. The Company's transfer agent intends to pay $137,000 due to the remaining shareholders that hold a right to cash after receiving the required documentation regarding their physical stock certificates. As of December 31, 2015 , the sale proceeds of $137,000 are held by the Company’s transfer agent in anticipation of the payment to be made to the fractionalized shareholders and are included in Prepaid expenses and other on the Company’s balance sheet. As of December 31, 2015 , the total amount payable of $137,000 to fractionalized shareholders as a result of the execution of the reverse/forward split is included in Accrued expenses and other on the Company’s balance sheet.

Segment Reporting and Significa

Segment Reporting and Significant Customer Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Reporting and Significant Customer Information	Segment Reporting and Significant Customer Information The Company manages its business geographically and has three reportable operating segments: Asia Pacific, Europe and North America. Asia Pacific consists of the Company's operations in Australia, China, Hong Kong, Japan, Taiwan, and Southeast Asia. Europe consists of the Company’s operations in France, Germany, Spain, and the U.K. North America consists of the Company’s operations in Canada and the U.S. Management relies on an internal management reporting process that provides revenue and segment operating income (loss) for making financial decisions and allocating resources. Management believes that segment revenues and operating income (loss) are appropriate measures of evaluating the operational performance of the Company’s segments. The following is a summary of operating results and assets (in thousands) by business segment: Year Ended December 31, 2015 Asia Pacific Europe North America Other Consolidated Revenues from unaffiliated customers $ 10,746 $ 42,588 $ 88,382 $ — $ 141,716 Intersegment revenues (63 ) (456 ) 519 — — Total net revenues $ 10,683 $ 42,132 $ 88,901 — $ 141,716 Operating income (loss) $ (2,435 ) $ 3,871 $ 5,710 $ — $ 7,146 Year Ended December 31, 2014 Asia Pacific Europe North America Other (a) Consolidated Revenues from unaffiliated customers $ 11,160 $ 46,896 $ 95,184 $ — $ 153,240 Intersegment revenues (85 ) (921 ) 1,006 — — Total net revenues $ 11,075 $ 45,975 $ 96,190 — $ 153,240 Operating income (loss) $ (3,378 ) $ 5,818 $ 7,787 $ 7,583 $ 17,810 Year Ended December 31, 2013 Asia Pacific Europe North America Other (a) Consolidated Revenues from unaffiliated customers $ 12,399 $ 46,279 $ 111,955 $ — $ 170,633 Intersegment revenues (326 ) (240 ) 566 — — Total net revenues $ 12,073 $ 46,039 $ 112,521 — $ 170,633 Operating income (loss) $ (1,444 ) $ 7,836 $ 16,769 $ (22,000 ) $ 1,161 (a) Amount related to unexchanged promotional shares that include a $7.6 million release of reserve and a $22.0 million charge for the years ended December 31, 2014 , and 2013 , respectively. As of December 31, 2015 Asia Pacific Europe North Elimination Consolidated Long-lived assets $ 369 $ 899 $ 6,652 $ — $ 7,920 Total assets $ 5,845 $ 54,452 $ 71,626 $ (63,344 ) $ 68,579 As of December 31, 2014 Asia Pacific Europe North America Elimination Consolidated Long-lived assets $ 491 $ 1,507 $ 7,678 $ — $ 9,676 Total assets $ 3,510 $ 40,818 $ 73,508 $ (24,529 ) $ 93,307 Revenue for each segment is recognized based on the customer location within a designated geographic region. Property and equipment are attributed to the geographic region in which the assets are located. For the years ended December 31, 2015, 2014 and 2013 , the Company did not have any customers that accounted for 10% or more of revenue. As of December 31, 2015 and 2014 , the Company had one customer that accounted for 15% and 10% , respectively, of accounts receivable. Accounts receivable representing 10% or more of total accounts receivable was related to an advertising technology company that assists us with our Search product traffic monetization by using an traffic auction platform. The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications ( Top 20 , Website , Newsflash , Travelzoo Network), Getaway vouchers and hotel booking platform. Search revenue includes SuperSearch and Fly.com . Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings). Year Ended December 31, 2015 2014 2013 Asia Pacific Travel $ 9,355 $ 9,308 $ 9,788 Search 34 100 230 Local 1,294 1,667 2,055 Total Asia Pacific revenues $ 10,683 $ 11,075 $ 12,073 Europe Travel $ 33,603 $ 35,847 $ 34,112 Search 2,396 3,009 3,539 Local 6,133 7,119 8,388 Total Europe revenues $ 42,132 $ 45,975 $ 46,039 North America Travel $ 56,054 $ 59,104 $ 63,534 Search 15,427 15,888 21,548 Local 17,420 21,198 27,439 Total North America revenues $ 88,901 $ 96,190 $ 112,521 Consolidated Travel $ 99,012 $ 104,259 $ 107,434 Search 17,857 18,997 25,317 Local 24,847 29,984 37,882 Total revenues $ 141,716 $ 153,240 $ 170,633 Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. The following table sets forth revenue for individual countries that exceed 10% of total revenue (in thousands): Year Ended December 31, 2015 2014 2013 Revenue United States $ 83,469 $ 89,311 $ 104,650 United Kingdom 27,825 29,301 31,270 Rest of the world 30,422 34,628 34,713 Total revenues $ 141,716 $ 153,240 $ 170,633 The following table sets forth long lived asset by geographic area (in thousands): December 31, 2015 2014 United States $ 6,167 $ 7,646 Rest of the world 1,753 2,030 Total long lived assets $ 7,920 $ 9,676

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions On August 20, 2015, Travelzoo acquired the Travelzoo Asia Pacific business (“Asia Pacific”), which includes the Travelzoo businesses in Australia, China, Hong Kong, Japan, Taiwan, and Southeast Asia. This business was independently operated by Azzurro Capital Inc. ("Azzurro") under a licensing agreement with Travelzoo Inc. The Company held an option right to acquire Asia Pacific at fair market value as determined by a third party valuation expert. Under the terms of the definitive acquisition agreement, Travelzoo (Europe) Limited, a United Kingdom subsidiary of the Company, was authorized by the Company to exercise the option right to acquire Asia Pacific for a fair market transaction value of $22.6 million , subject to a working capital adjustment, using available cash of $17.0 million and a promissory note of $5.7 million with a maturity date of three years. The Company’s board of directors established a special committee (the “Special Committee”), consisting of independent and disinterested directors and provided it with the exclusive power and authority to determine whether any potential transaction to acquire Asia Pacific was advisable, fair to and in the best interests of the Company's stockholders other than Azzurro Capital Inc., the principal stockholder of Travelzoo Inc. The Special Committee engaged independent legal counsel and an independent financial advisor, Stout Risius Ross, Inc. (“SRR”). The Special Committee obtained the right to select its own independent financial advisor, SRR, to independently determine the fair market value of Asia Pacific to be used as the option exercise price and received an opinion from SRR regarding the fairness of the Asia Pacific transaction from a financial point of view. SRR determined that $22.6 million represented the fair market value of Asia Pacific to be used as the option exercise price based upon the use of established valuation methodologies. The Special Committee, which was composed solely of independent and disinterested directors, unanimously approved the acquisition of Asia Pacific at the fair market value option exercise price with the assistance of its independent legal and financial advisors. Ralph Bartel, who founded Travelzoo and who is a Director of the Company is the sole beneficiary of the Ralph Bartel 2005 Trust, which is the controlling shareholder of Azzurro Capital Inc. As of December 31, 2015 , Azzurro is the Company's largest stockholder, holding approximately 51.2% of the Company's outstanding shares. Since Azzurro Capital Inc. had a controlling interest in both Travelzoo Inc. and the Travelzoo Asia Pacific business at the time of the transaction and in prior periods, this transaction is accounted for as a common control transaction and a change in reporting entity for the Company. The financial results for Travelzoo Inc. have been retrospectively adjusted to include the financial results of Asia Pacific in the current and prior periods as though the transaction occurred at the beginning of each period presented, including the following adjustments: Year Ended December 31, 2015 2014 2013 Revenue $ 10,774 $ 11,218 $ 12,402 Operating Loss $ (2,436 ) $ (3,382 ) $ (1,445 ) Net Loss $ (3,096 ) $ (3,288 ) $ (1,571 ) Other Comprehensive Income $ 305 $ 239 $ 89 Basic and diluted earnings per share $ (0.21 ) $ (0.22 ) $ (0.10 ) The Asia Pacific assets and liabilities have been combined with Travelzoo Inc. at their carrying values as though the transaction occurred at the beginning of each period presented. At December 31, 2015 and December 31, 2014 , Asia Pacific net liabilities, total assets minus total liabilities, were $6.8 million and $4.0 million , respectively. The Asia Pacific transaction proceeds of $22.6 million were reflected as an equity transaction, included in retained earnings, during the period the transaction occurred, which was in the year ended December 31, 2015 . Travelzoo (Europe) Limited, a United Kingdom subsidiary of the Company, acquired the Asia Pacific business, which include certain customary seller indemnifications, through the acquisition of Travelzoo (Asia) Limited, including its wholly owned subsidiaries, and Travelzoo Japan KK. All significant intercompany accounts and transactions between Travelzoo Inc. and the acquired Asia Pacific entities have been eliminated for all periods presented. In November 2014, Azzurro provided a loan to Asia Pacific of $1.0 million with a stated interest rate of 8% . There were $1.0 million loans and $5,000 accrued interest due to Azzurro as of December 31, 2014 . From January 1, 2015 to August 20, 2015 , Azzurro provided loans to the Asia Pacific amounting to $2.2 million with a stated interest rate of 10% . In September 2015, the Company paid the due and outstanding principal loan amount of $3.3 million and accrued interest of $128,000 . On August 20, 2015, as part of the transaction proceeds Travelzoo (Europe) Limited issued a promissory note to Azzurro with a principal amount of $5.7 million , with a maturity date of August 20, 2018 and the ability to pay off principal prior to this maturity date with no prepayment penalty and a stated interest rate of 7% , which is due and payable on a quarterly basis. Accrued interest for the loans and promissory note outstanding was $267,000 for the year ended December 31, 2015 . In January 2016, the full amount of the loan was paid off by Travelzoo (Europe) Limited. On September 28, 2015, Holger Bartel, Executive Chairman and Chairman of the Board of Directors, was granted 400,000 stock options that vest through December 31, 2017 in connection with his appointment to the role of Global Chief Executive Officer. See Note 9 to the accompanying consolidated financial statements for further information.

Unaudited Quarterly Information

Unaudited Quarterly Information	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Unaudited Quarterly Information	Unaudited Quarterly Information The following represents unaudited quarterly financial data (in thousands, except per share amounts) for 2015 and 2014 : Quarter Ended Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, Revenues $ 32,051 $ 33,728 $ 36,792 39,145 $ 34,291 $ 36,307 $ 39,599 $ 43,043 Cost of revenues 4,328 4,742 5,208 4,546 4,640 4,813 4,648 5,073 Gross profit 27,723 28,986 31,584 34,599 29,651 31,494 34,951 37,970 Operating expenses: Sales and marketing 17,161 19,089 20,715 22,077 20,729 21,570 19,298 21,914 General and administrative 6,270 6,120 5,335 6,451 7,603 7,220 7,139 7,040 Product Development 3,316 2,917 3,206 3,089 2,956 3,108 2,786 2,476 Unexchanged promotional shares — — — — (1,833 ) (2,250 ) (3,500 ) — Total operating expenses 26,747 28,126 29,256 31,617 29,455 29,648 25,723 31,430 Income from operations 976 860 2,328 2,982 196 1,846 9,228 6,540 Other income (expense) (376 ) (202 ) (218 ) (446 ) (348 ) 95 154 190 Income (loss) before income tax 600 658 2,110 2,536 (152 ) 1,941 9,382 6,730 Income taxes 165 (8,199 ) 1,268 1,806 (66 ) 158 2,266 2,481 Net income (loss) $ 435 $ 8,857 $ 842 $ 730 $ (86 ) $ 1,783 $ 7,116 $ 4,249 Basic net income (loss) per share $ 0.03 $ 0.60 $ 0.06 $ 0.05 $ (0.01 ) $ 0.12 $ 0.48 $ 0.29 Diluted net income (loss) per share $ 0.03 $ 0.60 $ 0.06 $ 0.05 $ (0.01 ) $ 0.12 $ 0.48 $ 0.29

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Basis of Presentation	The Company and Basis of Presentation Travelzoo Inc. (the “Company” or “Travelzoo”) is a global media commerce company. We inform over 28 million members in Asia Pacific, Europe and North America, as well as millions of website users, about the best travel, entertainment and local deals available from thousands of companies. Our deal experts source, research and test-book offers, recommending only those that meet Travelzoo’s rigorous quality standards. We provide travel, entertainment, and local businesses with a fast, flexible, and cost effective way to reach millions of consumers. Our revenues are generated primarily from advertising fees. Our publications and products include the Travelzoo websites (travelzoo.com, travelzoo.ca, travelzoo.co.uk, travelzoo.de, travelzoo.es, travelzoo.fr, cn.travelzoo.com, travelzoo.co.jp, travelzoo.com.au, travelzoo.com.hk, travelzoo.com.tw, among others), the Travelzoo Top 20 e-mail newsletter, the Newsflash e-mail alert service, the SuperSearch pay-per-click travel search tool, and the Travelzoo Network , a network of third-party websites that list travel deals published by Travelzoo. Our Travelzoo websites include Local Deals and Getaway listings that allow our members to purchase vouchers for deals from local businesses such as spas, hotels and restaurants. We receive a percentage of the face value of the voucher from the local businesses. We also operate Fly.com , a travel search engine that allows users to quickly and easily find the best prices on flights from hundreds of airlines and online travel agencies. Ralph Bartel, who founded Travelzoo and who is a Director of the Company is the sole beneficiary of the Ralph Bartel 2005 Trust, which is the controlling shareholder of Azzurro Capital Inc. ("Azzurro"). As of December 31, 2015 , Azzurro is the Company's largest stockholder, holding approximately 51.2% of the outstanding shares. On August 20, 2015 we acquired the Travelzoo Asia Pacific business (“Asia Pacific”), which includes the Travelzoo businesses in Australia, China, Hong Kong, Japan, Taiwan, and Southeast Asia. This business was independently operated by Azzurro Capital Inc. under a licensing agreement with Travelzoo Inc. Azzurro was the majority stockholder of the Travelzoo Asia Pacific business. Travelzoo Inc. accounted for the acquisition as a common control transaction and change in reporting entity. The financial results for Travelzoo Inc. have been retrospectively adjusted to include the financial results of Asia Pacific in the current and prior periods as though the transaction occurred at the beginning of each period presented. The Asia Pacific assets and liabilities have been combined with Travelzoo Inc. at their carrying values as though the transaction occurred at the beginning of each period presented. The Asia Pacific transaction proceeds are reflected as an equity transaction, included in retained earnings, during the period the transaction occurred, which was in the year ended December 31, 2015 . See Note 13 to the accompanying unaudited condensed consolidated financial statements for further information on the acquisition of Asia Pacific. Certain prior period statement of operations amounts have been reclassified to conform to the current period presentation primarily due to the Company's allocation of facilities costs to all of its operating activities and separate disclosure of product development costs as shown below (in thousands): Year Ended December 31, 2014 2013 Cost of revenues $ 378 $ 144 Sales and marketing 8,814 8,738 Product development 11,091 8,649 General and administrative (20,283 ) (17,531 ) $ — $ — The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, including the recently acquired Asia Pacific subsidiaries reflected in the current and prior periods. All significant intercompany accounts and transactions have been eliminated in consolidation.
Revenue Recognition	Revenue Recognition The Company’s revenue consists primarily of advertising sales. Advertising revenues are principally derived from the sale of advertising in Asia Pacific, Europe and North America on the Travelzoo website, in the Travelzoo Top 20 e-mail newsletter, in Newsflash , from SuperSearch , from the Travelzoo Network , and from Fly.com . The Company also generates revenue from the sale of vouchers through our Local Deals and Getaway e-mail alert services and providing hotel bookings. Advertising revenues are recognized in the period in which the advertisement is displayed or the voucher sale has been completed, provided that evidence of an arrangement exists, the fees are fixed or determinable and collection of the resulting receivable is reasonably assured. The Company evaluates each of these criteria as follows: • Evidence of an arrangement. The Company considers an insertion order signed by the advertiser or its agency to be evidence of an arrangement. • Delivery. Delivery is considered to occur when the advertising has been displayed, the click-throughs have been delivered or the voucher sale has been completed, as applicable. • Fixed or determinable fee. The Company considers the fee to be fixed or determinable if the fee is not subject to refund or adjustment and payment terms are standard. • Collection is deemed reasonably assured . The Company conducts a credit review for all advertising transactions at the time of the arrangement to determine the creditworthiness of the advertiser. Collection is deemed reasonably assured if it is expected that the advertiser will be able to pay amounts under the arrangement as payments become due. Collection is deemed not reasonably assured when an advertiser is perceived to be in financial distress, which may be evidenced by weak industry condition, bankruptcy filing, or previously billed amounts that are past due. If it is determined that collection is not reasonably assured, then revenue is deferred and recognized upon cash collection. Collection is deemed reasonably assured for our voucher sales to consumers as these transactions require the use of credit cards subject to authorization. The Company recognizes revenue for fixed-fee advertising arrangements ratably over the term of the insertion order as described below, with the exception of Travelzoo Top 20 or Newsflash insertions, which are recognized upon delivery. The majority of insertion orders have terms that begin and end in a quarterly reporting period. In the cases where at the end of a quarterly reporting period the term of an insertion order is not complete, the Company allocates the total arrangement fee to each element based on the relative estimated selling price of each element. The Company recognizes revenue for the period based on elements delivered during the period. The Company uses prices stated on its internal rate card, which represents stand-alone sales prices, to establish estimated selling prices. The stand-alone price is the price that would be charged if the advertiser purchased only the individual insertion. Fees for variable-fee advertising arrangements are recognized based on the number of impressions displayed, number of clicks delivered, number of emails sent or number of referrals generated during the period. Insertion orders that include fixed-fee advertising are invoiced upon acceptance of the insertion order and on the first day of each month over the term of the insertion order, with the exception of Travelzoo Top 20 or Newsflash listings, which are invoiced upon delivery. Insertion orders that include variable-fee advertising are invoiced at the end of the month. The Company’s standard terms state that in the event that Travelzoo fails to publish advertisements as specified in the insertion order, the liability of Travelzoo to the advertiser shall be limited to, at Travelzoo’s sole discretion, a pro rata refund of the advertising fee, the placement of the advertisements at a later time in a comparable position, or the extension of the term of the insertion order until the advertising is fully delivered. The Company believes that no significant obligations exist after the full delivery of advertising. Revenues from advertising sold to advertisers through agencies are reported at the net amount billed to the agency. For Local Deals and Getaways products , the Company earns a fee for acting as an agent in these transactions which is recorded on a net basis and is included in revenue upon completion of the voucher sale. Certain merchant contracts in foreign locations allow us to retain fees related to vouchers sold that are not redeemed by purchasers upon expiration, which we recognize as revenue after the expiration of the redemption period and after there are no further obligations to provide funds to merchants, members or others. Commission revenues generated through provision of hotel booking reservations to hotels are recognized upon the estimated date the stay occurs at the hotel, which includes estimates of cancellations of the hotel bookings based upon historical patterns. If the hotel booking cannot be canceled then revenue is recognized upon booking.
Reserve for Member Refunds	Reserve for Member Refunds We record an estimated reserve for member refunds based on our historical experience at the time revenue is recorded for Local Deals and Getaways voucher sales. We accrue costs associated with refunds in accrued expenses on the consolidated balance sheets. We consider many key factors such as the historical refunds based upon the time lag since the sale, historical reasons for refunds, time period that remains until the deal expiration date, any changes in refund procedures and estimates of redemptions and breakage. Should any of these factors change, the estimates made by management will also change, which could impact the level of our future reserves for member refunds. Specifically, if the financial condition of our advertisers, the business that is providing the vouchered service, were to deteriorate, affecting their ability to provide the services to our members, additional reserves for member refunds may be required. Estimated member refunds that are determined to be recoverable from the merchant are recorded in the consolidated statements of operations as a reduction to revenue. We accrue costs associated with refunds in accrued expenses on the consolidated balance sheets. Estimated member refunds that are determined not to be recoverable from the merchant, are presented as a cost of revenue. If our judgments regarding estimated member refunds are inaccurate, reported results of operations could differ from the amount we previously accrued.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts We record a provision for doubtful accounts based on our historical experience of write-offs and a detailed assessment of our accounts receivable and allowance for doubtful accounts. In estimating the provision for doubtful accounts, management considers the age of the accounts receivable, our historical write-offs, the creditworthiness of the advertiser, the economic conditions of the advertiser’s industry, and general economic conditions, among other factors. Should any of these factors change, the estimates made by management will also change, which could impact the level of our future provision for doubtful accounts. Specifically, if the financial condition of our advertisers were to deteriorate, affecting their ability to make payments, additional provision for doubtful accounts may be required.
Use of Estimates	Use of Estimates Management of the Company has made a number of estimates and assumptions relating to the reporting of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with accounting principles generally accepted in the United States of America. Actual results could differ materially from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents consist of highly liquid investments with remaining maturities of less than three months on the date of purchase.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Additions and improvements are capitalized. Maintenance and repairs are expensed as incurred. The Company also includes in fixed assets the capitalized cost of internal-use software and website development, including software used to upgrade and enhance its website and processes supporting the Company’s business in accordance with the framework established by the FASB accounting guidance for accounting for the cost of computer software developed or obtained for internal use and accounting for website development costs. Costs incurred in the planning stage and operating stage are expensed as incurred while costs incurred in the application development stage and infrastructure development stage are capitalized, assuming such costs are deemed to be recoverable. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. Estimated useful lives are 3 to 5 years for computer hardware and software, capitalized internal-use software and website development costs, and office equipment and office furniture. The Company depreciates leasehold improvements over the term of the lease or the estimated useful life of the asset, whichever is shorter.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred. Online advertising is expensed as incurred over the period the advertising is displayed.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets are recognized for deductible temporary differences, along with net operating loss carryforwards and credit carryforwards, if it is more likely than not that the tax benefits will be realized. To the extent a deferred tax asset cannot be recognized under the preceding criteria, valuation allowances must be established. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company accounts for long-lived assets in accordance with the accounting standard relating to impairment of long-lived assets, which requires an impairment loss to be recognized on assets to be held and used if the carrying amount of a long-lived asset group is not recoverable from its undiscounted cash flows. The amount of the impairment loss is measured as the difference between the carrying amount and the fair value of the asset group. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate the carrying value of an asset may not be recoverable. During the year ended December 31, 2014, the Company recorded a charge to write down the value of certain internally developed software applications that were no longer determined to have alternative use for $249,000 . No impairment loss was recognized during years ended December 31, 2015 and 2013 .
Stock-Based Compensation	Stock-Based Compensation The Company accounts for its employee stock options under the fair value method, which requires stock-based compensation to be estimated using the fair value on the date of grant using an option-pricing model. The value of the portion of the award that is expected to vest is recognized as expense over the related employees’ requisite service periods in the Company’s consolidated statements of operations.
Foreign Currency	Foreign Currency All foreign subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated into U.S. dollars at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the period. Gains and losses resulting from translation are recorded as a component of accumulated other comprehensive income (loss). Realized gains and losses from foreign currency transactions are recognized as gain or loss on foreign currency in the consolidated statements of operations.
Credit Risks and Uncertainties	Certain Risks and Uncertainties The Company’s cash, cash equivalents and accounts receivable are potentially subject to concentration of credit risk. Cash and cash equivalents are placed with financial institutions that management believes are of high credit quality. The accounts receivable are derived from revenue earned from customers located in the U.S. and internationally.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In April 2014, the FASB issued an accounting standard update that changes the threshold and amends the requirements for reporting discontinued operations. Under the amended guidance, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component or group of components meets the criteria to be classified as held for sale or when the component or group of components is disposed of by sale or other than by sale. For disposals of individually significant components that do not qualify as discontinued operations, an entity must disclose pre-tax earnings of the disposed component. For public business entities, this guidance is effective prospectively for all disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. This accounting standard update became effective for the Company on January 1, 2015. The adoption of this accounting standard update did not have a material impact on the Company’s consolidated results of operations, financial position or cash flows. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most of the existing revenue recognition guidance in U.S. GAAP when it becomes effective. This new accounting standard is effective for the Company on January 1, 2018. Early application is not permitted. This new accounting standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. In August 2014, the FASB issued an accounting standard update that requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued and provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. Certain disclosures will be required if conditions give rise to substantial doubt about an entity’s ability to continue as a going concern. This accounting standard update applies to all entities and is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter, with early adoption permitted. This accounting standard update will be effective for the Company on January 1, 2016. The adoption of this accounting standard update is not expected to have a material impact on the Company’s consolidated results of operations, financial position or cash flows. In April 2015, the FASB issued ASU 2015-03, Interest- Imputation of Interest, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted. This accounting standard update will be effective for the Company on January 1, 2016. The adoption of this standard is not expected to have a material impact on the Company’s consolidated statement of financial position. In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes, which simplifies the presentation of deferred income taxes by requiring deferred tax assets and liabilities be classified as noncurrent on the balance sheet. The updated standard is effective for us beginning on January 1, 2017 with early application permitted as of the beginning of any interim or annual reporting period. This accounting standard update will be effective for the Company on January 1, 2017. The adoption of this accounting standard update is not expected to have a material impact on the Company’s consolidated statement of financial position. In February 2016, the FASB issued an accounting standard update ASU 2016-02, Leases, which requires that lease arrangements longer than 12 months result in an entity recognizing an asset and liability. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and early adoption is permitted. This accounting standard update will be effective for the Company on January 1, 2019. The Company has not yet evaluated nor has it determined the effect of the standard on its ongoing financial reporting.
Net Income (Loss) Per Share	Net Income (Loss) Per Share Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding for the period. Diluted net income (loss) per share is computed by adjusting the weighted-average number of common shares outstanding for the effect of dilutive potential common shares outstanding during the period. Potential common shares included in the diluted calculation consist of incremental shares issuable upon the exercise of outstanding stock options calculated using the treasury stock method.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Prior Period Reclassifications	Certain prior period statement of operations amounts have been reclassified to conform to the current period presentation primarily due to the Company's allocation of facilities costs to all of its operating activities and separate disclosure of product development costs as shown below (in thousands): Year Ended December 31, 2014 2013 Cost of revenues $ 378 $ 144 Sales and marketing 8,814 8,738 Product development 11,091 8,649 General and administrative (20,283 ) (17,531 ) $ — $ —

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of basic and diluted net income per share	The following table sets forth the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts): Year Ended December 31, 2015 2014 2013 Basic net income (loss) per share: Net income (loss) $ 10,864 $ 13,062 $ (6,582 ) Weighted average common shares 14,722 14,768 15,269 Basic net income (loss) per share $ 0.74 $ 0.88 $ (0.43 ) Diluted net income (loss) per share: Net income (loss) $ 10,864 $ 13,062 $ (6,582 ) Weighted average common shares 14,722 14,768 15,269 Effect of dilutive securities: stock options — 41 — Diluted weighted average common shares 14,722 14,809 15,269 Diluted net income (loss) per share $ 0.74 $ 0.88 $ (0.43 )

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Presentation of fair value of financial assets using the inputs	The following tables summarize our financial assets measured at fair value on a recurring basis at December 31, 2015 and 2014 (in thousands): Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total (Level 1) (Level 2) (Level 3) Balance at December 31, 2015 Cash $ 35,128 $ 35,128 $ — $ — Total cash $ 35,128 $ 35,128 $ — $ — Certificates of deposit $ 708 $ — $ 708 $ — Merchant bank deposit 725 725 — — Total restricted cash and cash equivalents $ 1,433 $ 725 $ 708 $ — Balance at December 31, 2014 Cash $ 55,417 $ 55,417 $ — $ — Total cash $ 55,417 $ 55,417 $ — $ — Certificates of deposit $ 762 $ — $ 762 $ — Merchant bank deposit 800 800 — — Total restricted cash and cash equivalents $ 1,562 $ 800 $ 762 $ —

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Dec. 31, 2015
Balance Sheet Related Disclosures [Abstract]
Schedule of Other Assets	Prepaid expenses and other consist of the following (in thousands): December 31, 2015 2014 Prepaid expenses $ 1,630 $ 2,142 Other current assets 537 534 Total prepaid expenses and other $ 2,167 $ 2,676
Schedule of Property and Equipment	Property and equipment consist of the following (in thousands): December 31, 2015 2014 Computer hardware and software $ 4,811 $ 4,516 Office equipment and office furniture 9,306 9,494 Capitalized internal-use software and website development 3,089 3,181 Leasehold improvements 6,064 5,651 23,270 22,842 Less accumulated depreciation and amortization (15,365 ) (13,344 ) Total $ 7,905 $ 9,498
Schedule of Intangible Assets
Future Expected Amortization Expense Related to Intangible Assets
Changes in Allowance for Doubtful Accounts and Reserve for Subscriber Refunds	Changes to the allowance for doubtful accounts and reserve for member refunds are as follows (in thousands): Allowance for doubtful accounts Reserve for Balance at January 1, 2013 $ 506 $ 999 Additions — charged to costs and expenses, or contra revenue, net 101 940 Deductions — recoveries of amounts previously charged-off (21 ) — Deductions — write-offs (150 ) (1,126 ) Balance at December 31, 2013 436 813 Additions — charged to costs and expenses, or contra revenue, net 170 1,299 Deductions — recoveries of amounts previously charged-off (118 ) — Deductions — write-offs (44 ) (1,313 ) Balance at December 31, 2014 444 799 Additions — charged to costs and expenses, or contra revenue, net 295 776 Deductions — recoveries of amounts previously charged-off (179 ) — Deductions — write-offs (176 ) (1,045 ) Balance at December 31, 2015 $ 384 $ 530
Schedule of Accrued Expenses	Accrued expenses and other consist of the following (in thousands): December 31, 2015 2014 Accrued advertising expense $ 1,801 $ 2,738 Accrued compensation expense 4,373 4,652 Reserve for member refunds 530 799 Other accrued expenses 2,963 3,244 Deferred rent 473 381 Total accrued expenses and other $ 10,140 $ 11,814

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	The following summarizes our principal contractual commitments as of December 31, 2015 (in thousands): 2016 2017 2018 2019 2020 Thereafter Total Operating leases $ 4,621 $ 3,895 $ 3,311 $ 3,033 $ 2,633 $ 7,801 $ 25,294 Purchase obligations 1,537 882 365 — — — 2,784 Total commitments $ 6,158 $ 4,777 $ 3,676 $ 3,033 $ 2,633 $ 7,801 $ 28,078

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Income (Loss) before Income Tax Expense by Jurisdiction	The components of income (loss) before income tax expense are as follows (in thousands): Year Ended December 31, 2015 2014 2013 U.S. $ 5,334 $ 14,363 $ (6,964 ) Foreign 570 3,538 8,100 $ 5,904 $ 17,901 $ 1,136
Schedule of Income Tax Expense	The deferred tax provision results from changes in the Company’s deferred tax assets (future deductible amounts) and tax liabilities (future taxable amounts), which are presented in the table below: Current Deferred Total (In thousands) Year Ended December 31, 2015 Federal $ (5,851 ) $ (238 ) $ (6,089 ) State 337 51 388 Foreign 759 (18 ) 741 $ (4,755 ) $ (205 ) $ (4,960 ) Year Ended December 31, 2014 Federal $ 2,124 $ 294 $ 2,418 State 670 21 691 Foreign 1,725 5 1,730 $ 4,519 $ 320 $ 4,839 Year Ended December 31, 2013 Federal $ 5,504 $ 21 $ 5,525 State 1,023 (30 ) 993 Foreign 517 683 1,200 $ 7,044 $ 674 $ 7,718
Schedule of Tax Expense to Effective Tax Rate	Income tax expense differed from the amounts computed by applying the U.S. federal statutory tax rate applicable to the Company’s level of pretax income as a result of the following (in thousands): Year Ended December 31, 2015 2014 2013 Federal tax at statutory rates $ 2,083 $ 7,416 $ 947 State taxes, net of federal income tax benefit 254 504 694 Expired capital loss carryforward — 1,534 — Change of valuation allowance 816 (1,534 ) (1,131 ) Unexchanged promotional shares — (2,654 ) 7,700 Non-deductible expenses and other (178 ) (427 ) (492 ) Uncertain tax positions (7,935 ) — — Total income tax expense $ (4,960 ) $ 4,839 $ 7,718
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows (in thousands): December 31, 2015 2014 Deferred tax assets: Foreign net operating loss carryforwards $ 6,940 $ 6,431 State income taxes 142 196 Accruals and allowances 783 868 Stock based compensation 1,932 1,803 Deferred revenue 292 255 Deferred rent 636 580 Total deferred tax assets 10,725 10,133 Valuation allowance (6,940 ) (6,431 ) Total deferred tax assets net of valuation allowance 3,785 3,702 Deferred tax liabilities: U.S. tax on undistributed earnings (247 ) (350 ) Property, equipment and intangible assets (581 ) (636 ) Total deferred tax liabilities (828 ) (986 ) Net deferred tax assets $ 2,957 $ 2,716
Rollforward of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands): Unrecognized tax benefits balance at January 1, 2013 $ 9,365 Increase related to prior year tax positions — Decrease related to prior year tax positions — Increase related to current year tax positions 38 Settlements (58 ) Lapse of statute of limitations — Unrecognized tax benefits balance at December 31, 2013 9,345 Increase related to prior year tax positions — Decrease related to prior year tax positions — Increase related to current year tax positions 38 Settlements — Lapse of statute of limitations — Unrecognized tax benefits balance at December 31, 2014 9,383 Increase related to prior year tax positions 584 Decrease related to prior year tax positions — Increase related to current year tax positions 11 Settlements — Lapse of statute of limitations (7,850 ) Unrecognized tax benefits balance at December 31, 2015 $ 2,128

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table summarizes the changes in accumulated balances of other comprehensive income (loss) (in thousands): Year Ended December 31, 2015 2014 2013 Beginning balance $ (2,602 ) $ (374 ) $ (670 ) Other comprehensive income due to foreign currency translation, net of tax (1,306 ) (2,228 ) 296 Ending balance $ (3,908 ) $ (2,602 ) $ (374 )

Stock-Based Compensation and 30

Stock-Based Compensation and Stock Options (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Weighted-Average Assumptions used in Black-Scholes Option Pricing Model	The fair value of 2015, 2013 and 2012 stock options was estimated using the Black-Scholes option pricing model with the following weighted-average assumptions: 2015 2013 2012 Weighted-average fair value of options granted per share $ 4.42 $ 18.87 $ 19.08 Historical volatility 59 % 70 % 74 % Risk-free interest rate 1.73 % 1.70 % 1.11 % Dividend yield — — — Expected life in years 5.75 6.25 6.25
Schedule of Option Activity	Option activities during the years ended December 31, 2013 , 2014 , and 2015 were as follows: Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life Aggregate Intrinsic Value (In thousands) Outstanding at January 1, 2013 400,000 $ 18.47 7.43 years $ 1,206 Options granted 75,000 $ 29.58 Outstanding at December 31, 2013 475,000 $ 20.23 6.93 years $ 1,905 Options forfeited (25,000 ) $ 28.98 Options canceled (25,000 ) 28.98 Outstanding at December 31, 2014 425,000 $ 19.20 5.79 years $ — Option Granted 400,000 8.07 Options canceled (50,000 ) $ 29.58 Outstanding at December 31, 2015 775,000 $ 12.78 5.53 years $ 120 Exercisable and fully vested at December 31, 2015 362,500 $ 17.43 0.85 years $ — Outstanding at December 31, 2015 and expected to vest thereafter 412,500 $ 8.70 9.64 years
Schedule of Outstanding Options	Outstanding options at December 31, 2015 were as follows: Exercise Price Shares Outstanding Options Outstanding Weighted- Average Remaining Contractual Life Weighted- Average Exercise Price Shares Outstanding and Exercisable Options Exercisable Weighted- Average Remaining Contractual Life $ 14.97 300,000 0.25 years $ 14.97 300,000 0.25 years $ 28.98 50,000 6.07 years $ 28.98 37,500 6.07 years $ 29.58 25,000 0.25 years $ 29.58 25,000 0.25 years $ 8.07 400,000 9.75 years $ 8.07 — —

Segment Reporting and Signifi31

Segment Reporting and Significant Customer Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Summary of operating results from continuing operations and assets by business segment	The following is a summary of operating results and assets (in thousands) by business segment: Year Ended December 31, 2015 Asia Pacific Europe North America Other Consolidated Revenues from unaffiliated customers $ 10,746 $ 42,588 $ 88,382 $ — $ 141,716 Intersegment revenues (63 ) (456 ) 519 — — Total net revenues $ 10,683 $ 42,132 $ 88,901 — $ 141,716 Operating income (loss) $ (2,435 ) $ 3,871 $ 5,710 $ — $ 7,146 Year Ended December 31, 2014 Asia Pacific Europe North America Other (a) Consolidated Revenues from unaffiliated customers $ 11,160 $ 46,896 $ 95,184 $ — $ 153,240 Intersegment revenues (85 ) (921 ) 1,006 — — Total net revenues $ 11,075 $ 45,975 $ 96,190 — $ 153,240 Operating income (loss) $ (3,378 ) $ 5,818 $ 7,787 $ 7,583 $ 17,810 Year Ended December 31, 2013 Asia Pacific Europe North America Other (a) Consolidated Revenues from unaffiliated customers $ 12,399 $ 46,279 $ 111,955 $ — $ 170,633 Intersegment revenues (326 ) (240 ) 566 — — Total net revenues $ 12,073 $ 46,039 $ 112,521 — $ 170,633 Operating income (loss) $ (1,444 ) $ 7,836 $ 16,769 $ (22,000 ) $ 1,161 (a) Amount related to unexchanged promotional shares that include a $7.6 million release of reserve and a $22.0 million charge for the years ended December 31, 2014 , and 2013 , respectively.
Reconciliation of assets by business segment	As of December 31, 2015 Asia Pacific Europe North Elimination Consolidated Long-lived assets $ 369 $ 899 $ 6,652 $ — $ 7,920 Total assets $ 5,845 $ 54,452 $ 71,626 $ (63,344 ) $ 68,579 As of December 31, 2014 Asia Pacific Europe North America Elimination Consolidated Long-lived assets $ 491 $ 1,507 $ 7,678 $ — $ 9,676 Total assets $ 3,510 $ 40,818 $ 73,508 $ (24,529 ) $ 93,307
Breakdown of revenues by type and segment	The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications ( Top 20 , Website , Newsflash , Travelzoo Network), Getaway vouchers and hotel booking platform. Search revenue includes SuperSearch and Fly.com . Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings). Year Ended December 31, 2015 2014 2013 Asia Pacific Travel $ 9,355 $ 9,308 $ 9,788 Search 34 100 230 Local 1,294 1,667 2,055 Total Asia Pacific revenues $ 10,683 $ 11,075 $ 12,073 Europe Travel $ 33,603 $ 35,847 $ 34,112 Search 2,396 3,009 3,539 Local 6,133 7,119 8,388 Total Europe revenues $ 42,132 $ 45,975 $ 46,039 North America Travel $ 56,054 $ 59,104 $ 63,534 Search 15,427 15,888 21,548 Local 17,420 21,198 27,439 Total North America revenues $ 88,901 $ 96,190 $ 112,521 Consolidated Travel $ 99,012 $ 104,259 $ 107,434 Search 17,857 18,997 25,317 Local 24,847 29,984 37,882 Total revenues $ 141,716 $ 153,240 $ 170,633
Schedule of revenue for individual countries that exceed 10% of total revenue	The following table sets forth revenue for individual countries that exceed 10% of total revenue (in thousands): Year Ended December 31, 2015 2014 2013 Revenue United States $ 83,469 $ 89,311 $ 104,650 United Kingdom 27,825 29,301 31,270 Rest of the world 30,422 34,628 34,713 Total revenues $ 141,716 $ 153,240 $ 170,633
Schedule of long lives assets by geographic area	The following table sets forth long lived asset by geographic area (in thousands): December 31, 2015 2014 United States $ 6,167 $ 7,646 Rest of the world 1,753 2,030 Total long lived assets $ 7,920 $ 9,676

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The financial results for Travelzoo Inc. have been retrospectively adjusted to include the financial results of Asia Pacific in the current and prior periods as though the transaction occurred at the beginning of each period presented, including the following adjustments: Year Ended December 31, 2015 2014 2013 Revenue $ 10,774 $ 11,218 $ 12,402 Operating Loss $ (2,436 ) $ (3,382 ) $ (1,445 ) Net Loss $ (3,096 ) $ (3,288 ) $ (1,571 ) Other Comprehensive Income $ 305 $ 239 $ 89 Basic and diluted earnings per share $ (0.21 ) $ (0.22 ) $ (0.10 )

Unaudited Quarterly Informati33

Unaudited Quarterly Information (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	The following represents unaudited quarterly financial data (in thousands, except per share amounts) for 2015 and 2014 : Quarter Ended Dec 31, Sep 30, Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, Revenues $ 32,051 $ 33,728 $ 36,792 39,145 $ 34,291 $ 36,307 $ 39,599 $ 43,043 Cost of revenues 4,328 4,742 5,208 4,546 4,640 4,813 4,648 5,073 Gross profit 27,723 28,986 31,584 34,599 29,651 31,494 34,951 37,970 Operating expenses: Sales and marketing 17,161 19,089 20,715 22,077 20,729 21,570 19,298 21,914 General and administrative 6,270 6,120 5,335 6,451 7,603 7,220 7,139 7,040 Product Development 3,316 2,917 3,206 3,089 2,956 3,108 2,786 2,476 Unexchanged promotional shares — — — — (1,833 ) (2,250 ) (3,500 ) — Total operating expenses 26,747 28,126 29,256 31,617 29,455 29,648 25,723 31,430 Income from operations 976 860 2,328 2,982 196 1,846 9,228 6,540 Other income (expense) (376 ) (202 ) (218 ) (446 ) (348 ) 95 154 190 Income (loss) before income tax 600 658 2,110 2,536 (152 ) 1,941 9,382 6,730 Income taxes 165 (8,199 ) 1,268 1,806 (66 ) 158 2,266 2,481 Net income (loss) $ 435 $ 8,857 $ 842 $ 730 $ (86 ) $ 1,783 $ 7,116 $ 4,249 Basic net income (loss) per share $ 0.03 $ 0.60 $ 0.06 $ 0.05 $ (0.01 ) $ 0.12 $ 0.48 $ 0.29 Diluted net income (loss) per share $ 0.03 $ 0.60 $ 0.06 $ 0.05 $ (0.01 ) $ 0.12 $ 0.48 $ 0.29

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Prior Period Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of revenues	$ 4,328	$ 4,742	$ 5,208	$ 4,546	$ 4,640	$ 4,813	$ 4,648	$ 5,073	$ 18,824	$ 19,174	$ 18,477
Sales and marketing	17,161	19,089	20,715	22,077	20,729	21,570	19,298	21,914	79,042	83,511	90,576
Product development	3,316	2,917	3,206	3,089	2,956	3,108	2,786	2,476	12,528	11,326	8,828
General and administrative	6,270	6,120	5,335	6,451	7,603	7,220	7,139	7,040	24,176	29,002	29,591
Total operating expenses	$ 26,747	$ 28,126	$ 29,256	$ 31,617	$ 29,455	$ 29,648	$ 25,723	$ 31,430	$ 115,746	116,256	150,995
Restatement Adjustment | Allocation of Facilities Costs due to Travelzoo Asia Pacific Acquisition
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of revenues										378	144
Sales and marketing										8,814	8,738
Product development										11,091	8,649
General and administrative										(20,283)	(17,531)
Total operating expenses										$ 0	$ 0

Summary of Significant Accoun35

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)customersubscriber	Dec. 31, 2014USD ($)customer	Dec. 31, 2013USD ($)
The Company and Basis of Presentation (Textual) [Abstract]
Number of subscribers (over) | subscriber	28,000,000
Advertising expense	$ 25,600	$ 20,800	$ 27,800
Impairment of software	$ 0	249	0
Azzurro Capital, Inc.
The Company and Basis of Presentation (Textual) [Abstract]
Percent of outstanding shares	51.20%
Computer hardware and software | Maximum
The Company and Basis of Presentation (Textual) [Abstract]
Estimated useful lives (in years)	5 years
Computer hardware and software | Minimum
The Company and Basis of Presentation (Textual) [Abstract]
Estimated useful lives (in years)	3 years
Office equipment and office furniture | Maximum
The Company and Basis of Presentation (Textual) [Abstract]
Estimated useful lives (in years)	5 years
Office equipment and office furniture | Minimum
The Company and Basis of Presentation (Textual) [Abstract]
Estimated useful lives (in years)	3 years
Capitalized internal-use software and website development | Maximum
The Company and Basis of Presentation (Textual) [Abstract]
Estimated useful lives (in years)	5 years
Capitalized internal-use software and website development | Minimum
The Company and Basis of Presentation (Textual) [Abstract]
Estimated useful lives (in years)	3 years
Stock Options
The Company and Basis of Presentation (Textual) [Abstract]
Allocated share-based compensation expense	$ 401	$ 982	$ 1,400
Accounts Receivable | Credit Concentration Risk
The Company and Basis of Presentation (Textual) [Abstract]
Number of customers | customer	1	1
Concentration risk (percentage)	15.00%	9.60%

Net Income (Loss) Per Share (De

Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Basic net income (loss) per share:
Net income (loss)	$ 435	$ 8,857	$ 842	$ 730	$ (86)	$ 1,783	$ 7,116	$ 4,249	$ 10,864	$ 13,062	$ (6,582)
Weighted average common shares									14,722	14,768	15,269
Basic net income (loss) per share (in dollars per share)	$ 0.03	$ 0.60	$ 0.06	$ 0.05	$ (0.01)	$ 0.12	$ 0.48	$ 0.29	$ 0.74	$ 0.88	$ (0.43)
Diluted net income (loss) per share:
Net income (loss)	$ 435	$ 8,857	$ 842	$ 730	$ (86)	$ 1,783	$ 7,116	$ 4,249	$ 10,864	$ 13,062	$ (6,582)
Weighted average common shares									14,722	14,768	15,269
Effect of dilutive securities: stock options (in shares)									0	41	0
Diluted weighted average common shares									14,722	14,809	15,269
Diluted net income (loss) per share (in dollars per share)	$ 0.03	$ 0.60	$ 0.06	$ 0.05	$ (0.01)	$ 0.12	$ 0.48	$ 0.29	$ 0.74	$ 0.88	$ (0.43)
Antidilutive securities excluded from computation of earnings per share (in shares)									775	125	475

Financial Instruments - Schedul

Financial Instruments - Schedule of Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Presentation of fair value of financial assets using the inputs
Total financial assets	$ 1,433	$ 1,562
Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	725	800
Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	708	762
Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Cash
Presentation of fair value of financial assets using the inputs
Total financial assets	35,128	55,417
Cash | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	35,128	55,417
Cash | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Cash | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Total cash
Presentation of fair value of financial assets using the inputs
Total financial assets	35,128	55,417
Total cash | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	35,128	55,417
Total cash | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Total cash | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Certificates of deposit
Presentation of fair value of financial assets using the inputs
Total financial assets	708	762
Certificates of deposit | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Certificates of deposit | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	708	762
Certificates of deposit | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Merchant bank deposit
Presentation of fair value of financial assets using the inputs
Total financial assets	725	800
Merchant bank deposit | Quoted Prices in Active Markets for Identical Assets (Level 1)
Presentation of fair value of financial assets using the inputs
Total financial assets	725	800
Merchant bank deposit | Significant Other Observable Inputs (Level 2)
Presentation of fair value of financial assets using the inputs
Total financial assets	0	0
Merchant bank deposit | Significant Unobservable Inputs (Level 3)
Presentation of fair value of financial assets using the inputs
Total financial assets	$ 0	$ 0

Balance Sheet Components - Prep

Balance Sheet Components - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 1,630	$ 2,142
Other current assets	537	534
Total prepaid expenses and other	$ 2,167	$ 2,676

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 23,270,000	$ 22,842,000
Less accumulated depreciation and amortization	(15,365,000)	(13,344,000)
Property, plant and equipment, net	7,905,000	9,498,000
Depreciation expense	2,200,000	2,600,000	$ 2,500,000
Capitalized computer software, amortization	308,000	192,000	$ 0
Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	4,811,000	4,516,000
Office equipment and office furniture
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	9,306,000	9,494,000
Capitalized internal-use software and website development
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,089,000	3,181,000
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 6,064,000	$ 5,651,000

Balance Sheet Components - Allo

Balance Sheet Components - Allowance for Doubtful Accounts and Reserve for Subscriber Refunds (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Beginning Balance	$ 444	$ 436	$ 506
Additions — charged to costs and expenses, or contra revenue, net	295	170	101
Deductions — recoveries of amounts previously charged-off	(179)	(118)	(21)
Deductions — write-offs	(176)	(44)	(150)
Ending Balance	384	444	436
Reserve for member refunds
Movement in Valuation Allowances and Reserves [Roll Forward]
Beginning Balance	799	813	999
Additions — charged to costs and expenses, or contra revenue, net	776	1,299	940
Deductions — recoveries of amounts previously charged-off	0	0	0
Deductions — write-offs	(1,045)	(1,313)	(1,126)
Ending Balance	$ 530	$ 799	$ 813

Balance Sheet Components - Acco

Balance Sheet Components - Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Balance Sheet Related Disclosures [Abstract]
Local Deals and Getaway Merchant payable included in accounts payable	$ 19,100	$ 20,600
Accrued Liabilities Current [Abstract]
Accrued advertising expense	1,801	2,738
Accrued compensation expense	4,373	4,652
Reserve for member refunds	530	799
Other accrued expenses	2,963	3,244
Deferred rent	473	381
Total accrued expenses and other	$ 10,140	$ 11,814

Commitments and Contingencies42

Commitments and Contingencies (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Apr. 30, 2002	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2004	Dec. 31, 2002	Aug. 20, 2015
Loss Contingencies
Release of reserve related to anticipated settlement agreements		$ 0	$ 0	$ 0	$ 0	$ 1,833	$ 2,250	$ 3,500	$ 0	$ 0	$ 7,583	$ (22,000)
Charge in general and administrative expenses										1	6	23
Operating leases, rent expense										5,800	6,000	6,200
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity
2,016		4,621								4,621
2,017		3,895								3,895
2,018		3,311								3,311
2,019		3,033								3,033
2,020		2,633								2,633
Thereafter		7,801								7,801
Total		25,294								25,294
Purchase Obligation, Fiscal Year Maturity
2,015		1,537								1,537
2,016		882								882
2,017		365								365
2,018		0								0
2,019		0								0
Thereafter		0								0
Total		2,784								2,784
Contractual Obligation, Fiscal Year Maturity
Total Commitments, Due in Next Twelve Months		6,158								6,158
Total Commitments, Due in Second Year		4,777								4,777
Total Commitments, Due in Third Year		3,676								3,676
Total Commitments, Due in Fourth Year		3,033								3,033
Total Commitments, Due in Fifth Year		2,633								2,633
Total Commitments, Due after Fifth Year		7,801								7,801
Total Commitments		$ 28,078								$ 28,078
Pending Litigation | Unclaimed Property Audits Related to Unexchanged Promotional Shares
Loss Contingencies
Charge related to unclaimed property review												$ 22,000	$ 3,000	$ 20,000
Release of reserve related to anticipated settlement agreements											$ 7,600
Travel Zoo Com Corporation
Loss Contingencies
Period for receiving shares under merger (in years)	2 years														2 years
Number of shares exchanged under merger																1
Travelzoo Europe Promissory Note | Majority Shareholder
Loss Contingencies
Related party debt																	$ 5,700
Stated percentage (percentage)																	7.00%

Income Taxes - Income Before Ta

Income Taxes - Income Before Tax Expense by Jurisdiction (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
U.S.									$ 5,334	$ 14,363	$ (6,964)
Foreign									570	3,538	8,100
Income (loss) before income tax	$ 600	$ 658	$ 2,110	$ 2,536	$ (152)	$ 1,941	$ 9,382	$ 6,730	$ 5,904	$ 17,901	$ 1,136

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current
Federal									$ (5,851)	$ 2,124	$ 5,504
State									337	670	1,023
Foreign									759	1,725	517
Total Current									(4,755)	4,519	7,044
Deferred
Federal									(238)	294	21
State									51	21	(30)
Foreign									(18)	5	683
Total Deferred									(205)	320	674
Total
Federal									(6,089)	2,418	5,525
State									388	691	993
Foreign									741	1,730	1,200
Total income tax expense	$ 165	$ (8,199)	$ 1,268	$ 1,806	$ (66)	$ 158	$ 2,266	$ 2,481	$ (4,960)	$ 4,839	$ 7,718

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Tax Expense to Effective Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Federal tax at statutory rates									$ 2,083	$ 7,416	$ 947
State taxes, net of federal income tax benefit									254	504	694
Expired capital loss carryforward									0	1,534	0
Change of valuation allowance									816	(1,534)	(1,131)
Unexchanged promotional shares									0	(2,654)	7,700
Non-deductible expenses and other									(178)	(427)	(492)
Uncertain tax positions									(7,935)	0	0
Total income tax expense	$ 165	$ (8,199)	$ 1,268	$ 1,806	$ (66)	$ 158	$ 2,266	$ 2,481	$ (4,960)	$ 4,839	$ 7,718

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Foreign net operating loss carryforwards	$ 6,940	$ 6,431
State income taxes	142	196
Accruals and allowances	783	868
Stock based compensation	1,932	1,803
Deferred revenue	292	255
Deferred rent	636	580
Total deferred tax assets	10,725	10,133
Valuation allowance	(6,940)	(6,431)
Total deferred tax assets net of valuation allowance	3,785	3,702
Deferred tax liabilities:
U.S. tax on undistributed earnings	(247)	(350)
Property, equipment and intangible assets	(581)	(636)
Total deferred tax liabilities	(828)	(986)
Net deferred tax assets	$ 2,957	$ 2,716

Income Taxes - Rollforward of U

Income Taxes - Rollforward of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits, beginning	$ 9,383	$ 9,345	$ 9,365
Increase related to prior year tax positions	584	0	0
Decrease related to prior year tax positions	0	0	0
Increase related to current year tax positions	11	38	38
Settlements	0	0	(58)
Lapse of statute of limitations	(7,850)	0	0
Unrecognized tax benefits, ending	$ 2,128	$ 9,383	$ 9,345

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Undistributed earnings on a book basis for the non-U.S. subsidiaries	$ 7,900
Unrecognized deferred tax liability related to undistributed earnings of non-U.S. subsidiaries	538
Total unrecognized tax benefits	2,128	$ 9,383	$ 9,345	$ 9,365
Unrecognized tax benefits, interest on income taxes accrued	792
Unrecognized tax benefits, increase in interest on income taxes accrued	229
Unrecognized tax benefits, income tax penalties accrued	80
Unrecognized tax benefits affecting the company's effective income tax rate	2,100
Significant change in unrecognized tax benefits that is reasonably possible	7,600
Tax settlement	31,000
Foreign Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, valuation allowance	6,900
Operating loss carryforwards	29,600
Increase in valuation allowance	509
Operating loss carryforward, indefinite	17,200
Operating loss carryforward, expiring	$ 12,400

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Loss (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance	$ (2,602,000)	$ (374,000)	$ (670,000)
Other comprehensive income due to foreign currency translation, net of tax	(1,306,000)	(2,228,000)	296,000
Ending balance	(3,908,000)	(2,602,000)	(374,000)
Amounts reclassified from accumulated other comprehensive income	$ 0	$ 0	$ 0

Employee Benefit Plan (Details)

Employee Benefit Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Defined contribution plan, maximum annual contribution by employee, percent of eligible earnings (up to)	80.00%
Defined contribution plan, employer matching contribution per employee, amount (up to)	$ 1,500
Defined contribution plan, period after which cliff vest occurs (in years)	1 year
Defined contribution plan, employer discretionary contribution amount	$ 2,100,000	$ 2,200,000	$ 2,300,000

Stock-Based Compensation and 51

Stock-Based Compensation and Stock Options - Stock Option Valuation Weighted Average Assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2015$ / shares
Employee Options 2013
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Weighted-average fair value of options granted (in dollars per share)	$ 18.87
Historical volatility (percent)	70.00%
Risk-free interest rate (percent)	1.70%
Dividend yield (percent)	0.00%
Expected life in years	6 years 3 months
Employee Options 2015
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Weighted-average fair value of options granted (in dollars per share)	$ 4.42
Historical volatility (percent)	59.00%
Risk-free interest rate (percent)	1.73%
Dividend yield (percent)	0.00%
Expected life in years	5 years 9 months
Employee Options 2012
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Weighted-average fair value of options granted (in dollars per share)	$ 19.08
Historical volatility (percent)	74.00%
Risk-free interest rate (percent)	1.11%
Dividend yield (percent)	0.00%
Expected life in years	6 years 3 months

Stock-Based Compensation and 52

Stock-Based Compensation and Stock Options - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding, beginning (in shares)	425,000	475,000	400,000
Options granted (in shares)	400,000		75,000
Options forfeited (in shares)		(25,000)
Options canceled (in shares)	(50,000)	(25,000)
Options outstanding, ending (in shares)	775,000	425,000	475,000	400,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Options outstanding, weighted average exercise price, beginning (in dollars per share)	$ 19.20	$ 20.23	$ 18.47
Options granted, weighted average exercise price (in dollars per share)	8.07		29.58
Options forfeited, weighted average exercise price (in dollars per share)		28.98
Options canceled, weighted average exercise price (in dollars per share)	29.58	28.98
Options outstanding, weighted average exercise price, ending (in dollars per share)	$ 12.78	$ 19.20	$ 20.23	$ 18.47
Exercisable and fully vested (in shares)	362,500
Exercisable and fully vested, weighted average exercise price (in dollars per share)	$ 17.43
Options outstanding weighted average remaining contractual life (in years)	5 years 6 months 11 days	5 years 9 months 15 days	6 years 11 months 6 days	7 years 5 months 6 days
Options exercisable weighted average remaining contractual life (in years)	10 months 5 days
Vested and expected to vest, outstanding, aggregate intrinsic value (in dollars)	$ 120	$ 0	$ 1,905	$ 1,206
Vested and expected to vest, exercisable, aggregate intrinsic value (in dollars)	$ 0
Outstanding and expected to vest thereafter (in shares)	412,500
Outstanding and expected to vest thereafter, weighted average exercise price (in dollars per share)	$ 8.70
Outstanding and expected to vest, weighted average remaining contractual life (in years)	9 years 7 months 20 days

Stock-Based Compensation and 53

Stock-Based Compensation and Stock Options - Outstanding Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)	$ 8.07		$ 29.58
Shares Outstanding	775,000	425,000	475,000	400,000
Options outstanding weighted average remaining contractual life (in years)	5 years 6 months 11 days	5 years 9 months 15 days	6 years 11 months 6 days	7 years 5 months 6 days
Options exercisable weighted average remaining contractual life (in years)	10 months 5 days
Weighted- Average Exercise Price (in dollars per share)	$ 17.43
Employee Options 2009
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)	$ 14.97
Shares Outstanding	300,000
Options outstanding weighted average remaining contractual life (in years)	3 months
Weighted- Average Exercise Price (in dollars per share)	$ 14.97
Shares Outstanding and Exercisable	300,000
Options exercisable weighted average remaining contractual life (in years)	3 months
Employee Options 2012
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)	$ 28.98
Shares Outstanding	50,000
Options outstanding weighted average remaining contractual life (in years)	6 years 26 days
Weighted- Average Exercise Price (in dollars per share)	$ 28.98
Shares Outstanding and Exercisable	37,500
Options exercisable weighted average remaining contractual life (in years)	6 years 26 days
Employee Options 2013
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)	$ 29.58
Shares Outstanding	25,000
Options outstanding weighted average remaining contractual life (in years)	3 months
Weighted- Average Exercise Price (in dollars per share)	$ 29.58
Shares Outstanding and Exercisable	25,000
Options exercisable weighted average remaining contractual life (in years)	3 months
Employee Options 2015
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)	$ 8,070
Shares Outstanding	400,000,000
Options outstanding weighted average remaining contractual life (in years)	9 years 9 months 1 day
Weighted- Average Exercise Price (in dollars per share)	$ 8,070
Shares Outstanding and Exercisable	0

Stock-Based Compensation and 54

Stock-Based Compensation and Stock Options - Narrative (Details) - USD ($)	1 Months Ended					12 Months Ended
	Mar. 31, 2016	Sep. 30, 2015	Jul. 31, 2013	Jan. 31, 2012	Nov. 30, 2009	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award
Share-based compensation, options, exercises in period (shares)						0	0	0
Excess tax benefit (tax deficiency) from share-based compensation, financing activities						$ 0	$ 0	$ 0
Options granted (in shares)						400,000		75,000
Exercise price of employee option shares of common stock (in dollars per share)						$ 8.07		$ 29.58
Options outstanding (in shares)						775,000	425,000	475,000	400,000
Options canceled (in shares)						50,000	25,000
Options forfeited (in shares)							25,000
Employee Options 2009
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)						$ 14.97
Options outstanding (in shares)						300,000
Employee Options 2012
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)						$ 28.98
Options outstanding (in shares)						50,000
Employee Options 2013
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)						$ 29.58
Options outstanding (in shares)						25,000
Employee Options 2015
Share-based Compensation Arrangement by Share-based Payment Award
Exercise price of employee option shares of common stock (in dollars per share)						$ 8,070
Options outstanding (in shares)						400,000,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Allocated share-based compensation expense (reversal of)						$ 401,000	$ 982,000	$ 1,400,000
Forfeiture rate (percent)						0.00%
Stock Options | Employee Options 2009
Share-based Compensation Arrangement by Share-based Payment Award
Options granted (in shares)					300,000
Exercise price of employee option shares of common stock (in dollars per share)					$ 14.97
Options vest and become exercisable annually (in shares)					75,000
Options vested (in shares)						300,000
Options outstanding (in shares)						300,000
Stock Options | Employee Options 2012
Share-based Compensation Arrangement by Share-based Payment Award
Options granted (in shares)				100,000
Exercise price of employee option shares of common stock (in dollars per share)				$ 28.98
Options vest and become exercisable annually (in shares)				25,000
Options vested (in shares)						37,500
Options outstanding (in shares)						50,000
Options canceled (in shares)							25,000
Options forfeited (in shares)							25,000
Reversal of compensation expense for forfeited options							$ 186,000
Expected life in years						6 years 3 months
Unrecognized stock-based compensation expense						$ 5,000
Unrecognized compensation expense, period for recognition (in years)						30 days
Stock Options | Employee Options 2013
Share-based Compensation Arrangement by Share-based Payment Award
Options granted (in shares)			75,000
Exercise price of employee option shares of common stock (in dollars per share)			$ 29.58
Options vest and become exercisable annually (in shares)			25,000
Options vested (in shares)						25,000
Options outstanding (in shares)						25,000
Allocated share-based compensation expense (reversal of)						$ (216,000)
Expected life in years						6 years 3 months
Stock Options | Employee Options 2015
Share-based Compensation Arrangement by Share-based Payment Award
Options granted (in shares)		400,000
Exercise price of employee option shares of common stock (in dollars per share)		$ 8.07
Options vest and become exercisable annually (in shares)		50,000
Options vested (in shares)						0
Options outstanding (in shares)						400,000
Expected life in years						5 years 9 months
Unrecognized stock-based compensation expense						$ 1,600,000
Unrecognized compensation expense, period for recognition (in years)						2 years
Subsequent Event | Stock Options | Employee Options 2016
Share-based Compensation Arrangement by Share-based Payment Award
Options granted (in shares)	150,000
Exercise price of employee option shares of common stock (in dollars per share)	$ 8.55
Options vest and become exercisable annually (in shares)	37,500

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Feb. 29, 2016	Jan. 31, 2014	Dec. 31, 2013	Jul. 31, 2012
Class of Stock
Stock repurchased program authorized number of shares				500,000		1,000,000
Stock repurchase program, remaining number of shares authorized to be repurchased	56,000				29,000
Treasury Stock
Class of Stock
Stock repurchased during period (in shares)	212,000	261,000
Aggregate purchase price of shares repurchased	$ 1.7	$ 5.9
Subsequent Event
Class of Stock
Stock repurchased program authorized number of shares			1,000,000

Reverse_Forward Stock Split (De

Reverse/Forward Stock Split (Details) $ in Thousands	Dec. 31, 2013USD ($)	Nov. 06, 2013shares	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Jun. 11, 2013director
Class of Stock [Line Items]
Number of independent directors | director						3
Shares fractionalized from reverse/forward stock split, including transaction costs, shares | shares		643,218
Proceeds from issuance of common stock	$ 13,600
Payable to shareholders for reverse/forward stock split	$ 13,700		$ 137		$ 13,700
Proceeds from sale of shares fractionalized from reverse/forward stock split, including transaction costs, value			$ 102	$ 344	$ (13,203)
Payments For exchange of fractional shares				$ 13,400
Reverse Stock Split
Class of Stock [Line Items]
Conversion ratio		0.04
Forward Stock Split
Class of Stock [Line Items]
Conversion ratio		25

Segment Reporting and Signifi57

Segment Reporting and Significant Customer Information - Operating Results from Continuing Operations and Assets by Business Segment (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of operating results from continuing operations and assets by business segment
Revenues		$ 32,051	$ 33,728	$ 36,792	$ 39,145	$ 34,291	$ 36,307	$ 39,599	$ 43,043	$ 141,716	$ 153,240	$ 170,633
Operating income (loss)		$ 976	$ 860	$ 2,328	$ 2,982	$ 196	$ 1,846	$ 9,228	$ 6,540	7,146	17,810	1,161
Intersegment Eliminations
Summary of operating results from continuing operations and assets by business segment
Revenues	[1]									0	0	0
Operating income (loss)	[1]									0	7,583	(22,000)
Asia Pacific
Summary of operating results from continuing operations and assets by business segment
Revenues										10,683	11,075	12,073
Operating income (loss)										(2,435)	(3,378)	(1,444)
Asia Pacific | Intersegment Eliminations
Summary of operating results from continuing operations and assets by business segment
Revenues										(63)	(85)	(326)
Asia Pacific | Operating Segments
Summary of operating results from continuing operations and assets by business segment
Revenues										10,746	11,160	12,399
Europe
Summary of operating results from continuing operations and assets by business segment
Revenues										42,132	45,975	46,039
Operating income (loss)										3,871	5,818	7,836
Europe | Intersegment Eliminations
Summary of operating results from continuing operations and assets by business segment
Revenues										(456)	(921)	(240)
Europe | Operating Segments
Summary of operating results from continuing operations and assets by business segment
Revenues										42,588	46,896	46,279
North America
Summary of operating results from continuing operations and assets by business segment
Revenues										88,901	96,190	112,521
Operating income (loss)										5,710	7,787	16,769
North America | Intersegment Eliminations
Summary of operating results from continuing operations and assets by business segment
Revenues										519	1,006	566
North America | Operating Segments
Summary of operating results from continuing operations and assets by business segment
Revenues										$ 88,382	$ 95,184	$ 111,955
[1]	Amount related to unexchanged promotional shares that include a $7.6 million release of reserve and a $22.0 million charge for the years ended December 31, 2014, and 2013, respectively.

Segment Reporting and Signifi58

Segment Reporting and Significant Customer Information - Assets by Segment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Revenue for each segment recognized based on customer location
Long-lived assets	$ 7,920	$ 9,676
Total assets	68,579	93,307
Intersegment Eliminations
Revenue for each segment recognized based on customer location
Long-lived assets	0	0
Total assets	(63,344)	(24,529)
Asia Pacific | Operating Segments
Revenue for each segment recognized based on customer location
Long-lived assets	369	491
Total assets	5,845	3,510
Europe | Operating Segments
Revenue for each segment recognized based on customer location
Long-lived assets	899	1,507
Total assets	54,452	40,818
North America | Operating Segments
Revenue for each segment recognized based on customer location
Long-lived assets	6,652	7,678
Total assets	$ 71,626	$ 73,508

Segment Reporting and Signifi59

Segment Reporting and Significant Customer Information - Revenue by Type and Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Breakdown of revenues by type and segment
Revenues	$ 32,051	$ 33,728	$ 36,792	$ 39,145	$ 34,291	$ 36,307	$ 39,599	$ 43,043	$ 141,716	$ 153,240	$ 170,633
Travel
Breakdown of revenues by type and segment
Revenues									99,012	104,259	107,434
Search
Breakdown of revenues by type and segment
Revenues									17,857	18,997	25,317
Local
Breakdown of revenues by type and segment
Revenues									24,847	29,984	37,882
Asia Pacific
Breakdown of revenues by type and segment
Revenues									10,683	11,075	12,073
Asia Pacific | Travel
Breakdown of revenues by type and segment
Revenues									9,355	9,308	9,788
Asia Pacific | Search
Breakdown of revenues by type and segment
Revenues									34	100	230
Asia Pacific | Local
Breakdown of revenues by type and segment
Revenues									1,294	1,667	2,055
Europe
Breakdown of revenues by type and segment
Revenues									42,132	45,975	46,039
Europe | Travel
Breakdown of revenues by type and segment
Revenues									33,603	35,847	34,112
Europe | Search
Breakdown of revenues by type and segment
Revenues									2,396	3,009	3,539
Europe | Local
Breakdown of revenues by type and segment
Revenues									6,133	7,119	8,388
North America
Breakdown of revenues by type and segment
Revenues									88,901	96,190	112,521
North America | Travel
Breakdown of revenues by type and segment
Revenues									56,054	59,104	63,534
North America | Search
Breakdown of revenues by type and segment
Revenues									15,427	15,888	21,548
North America | Local
Breakdown of revenues by type and segment
Revenues									$ 17,420	$ 21,198	$ 27,439

Segment Reporting and Signifi60

Segment Reporting and Significant Customer Information - Revenue for Individual Countries that Exceed 10% of Total Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue, Major Customer [Line Items]
Revenues	$ 32,051	$ 33,728	$ 36,792	$ 39,145	$ 34,291	$ 36,307	$ 39,599	$ 43,043	$ 141,716	$ 153,240	$ 170,633
United States
Revenue, Major Customer [Line Items]
Revenues									83,469	89,311	104,650
United Kingdom
Revenue, Major Customer [Line Items]
Revenues									27,825	29,301	31,270
Rest of the world
Revenue, Major Customer [Line Items]
Revenues									$ 30,422	$ 34,628	$ 34,713

Segment Reporting and Signifi61

Segment Reporting and Significant Customer Information - Long Lives Assets by Geographic Area (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 7,920	$ 9,676
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	6,167	7,646
Rest of the world
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 1,753	$ 2,030

Segment Reporting and Signifi62

Segment Reporting and Significant Customer Information - Narrative (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015USD ($)customer	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)customer	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2015USD ($)customersegment	Dec. 31, 2014USD ($)customer	Dec. 31, 2013USD ($)customer
Segment Reporting [Abstract]
Number of reportable operating segments | segment									3
Concentration Risk [Line Items]
Charge (release of) related to reserve anticipated settlement agreements | $	$ 0	$ 0	$ 0	$ 0	$ (1,833)	$ (2,250)	$ (3,500)	$ 0	$ 0	$ (7,583)	$ 22,000
Revenue | Customer Concentration Risk
Concentration Risk [Line Items]
Number of customers	0				0				0	0	0
Concentration risk (percentage)									10.00%	10.00%	10.00%
Accounts Receivable | Credit Concentration Risk
Concentration Risk [Line Items]
Number of customers	1				1				1	1
Concentration risk (percentage)									15.00%	9.60%

Related Party Transactions - As

Related Party Transactions - Asia Pacific Financial Results (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transactions
Revenues	$ 32,051	$ 33,728	$ 36,792	$ 39,145	$ 34,291	$ 36,307	$ 39,599	$ 43,043	$ 141,716	$ 153,240	$ 170,633
Operating Loss	976	860	2,328	2,982	196	1,846	9,228	6,540	7,146	17,810	1,161
Net Loss	$ 435	$ 8,857	$ 842	$ 730	$ (86)	$ 1,783	$ 7,116	$ 4,249	10,864	13,062	(6,582)
Other Comprehensive income									9,558	10,834	(6,286)
Affiliated Entity | Travelzoo Asia Pacific Adjustments
Related Party Transactions
Revenues									10,774	11,218	12,402
Operating Loss									(2,436)	(3,382)	(1)
Net Loss									(3,096)	(3,288)	(1,571)
Other Comprehensive income									$ 305	$ 239	$ 89
Basic and diluted earnings per share (in dollars per share)									$ (0.21)	$ (0.22)	$ (0.10)

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($)	Sep. 28, 2015	Aug. 20, 2015	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Nov. 30, 2014	Sep. 30, 2014
Related Party Transactions
Cash consideration				$ 16,974,000	$ 0	$ 0
Repayments of related party debt				$ 3,250,000	0	$ 0
Employee options granted to purchase shares of common stock (in shares)				400,000		75,000
Azzurro Capital, Inc.
Related Party Transactions
Percent of outstanding shares				51.20%
Travelzoo Asia Pacific Adjustments | Affiliated Entity
Related Party Transactions
Net liabilities				$ 6,800,000	4,000,000
Loan Issued to Asia Pacific | Majority Shareholder
Related Party Transactions
Related party debt		$ 2,200,000			1,000,000
Stated percentage (percentage)		10.00%					8.00%
Repayments of related party debt			$ 3,300,000
Repayments of related party debt, interest			$ 128,000
Interest payable					$ 5,000			$ 0
Travelzoo Europe Promissory Note | Majority Shareholder
Related Party Transactions
Related party debt		$ 5,700,000
Stated percentage (percentage)		7.00%
Interest payable				$ 267,000				$ 0
Stock Options Granted | Chief Executive Officer
Related Party Transactions
Employee options granted to purchase shares of common stock (in shares)	400,000
Travelzoo Asia Pacific
Related Party Transactions
Market transaction value		$ 22,600,000
Cash consideration		17,000,000
Business combination, consideration transferred, liabilities incurred		$ 5,700,000
Note term (in years)		3 years

Unaudited Quarterly Informati65

Unaudited Quarterly Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 32,051	$ 33,728	$ 36,792	$ 39,145	$ 34,291	$ 36,307	$ 39,599	$ 43,043	$ 141,716	$ 153,240	$ 170,633
Cost of revenues	4,328	4,742	5,208	4,546	4,640	4,813	4,648	5,073	18,824	19,174	18,477
Gross profit	27,723	28,986	31,584	34,599	29,651	31,494	34,951	37,970	122,892	134,066	152,156
Operating expenses:
Sales and marketing	17,161	19,089	20,715	22,077	20,729	21,570	19,298	21,914	79,042	83,511	90,576
General and administrative	6,270	6,120	5,335	6,451	7,603	7,220	7,139	7,040	24,176	29,002	29,591
Product development	3,316	2,917	3,206	3,089	2,956	3,108	2,786	2,476	12,528	11,326	8,828
Unexchanged promotional shares	0	0	0	0	(1,833)	(2,250)	(3,500)	0	0	(7,583)	22,000
Total operating expenses	26,747	28,126	29,256	31,617	29,455	29,648	25,723	31,430	115,746	116,256	150,995
Income from operations	976	860	2,328	2,982	196	1,846	9,228	6,540	7,146	17,810	1,161
Other income (expense)	(376)	(202)	(218)	(446)	(348)	95	154	190	(1,242)	91	(25)
Income (loss) before income tax	600	658	2,110	2,536	(152)	1,941	9,382	6,730	5,904	17,901	1,136
Income taxes	165	(8,199)	1,268	1,806	(66)	158	2,266	2,481	(4,960)	4,839	7,718
Net income (loss)	$ 435	$ 8,857	$ 842	$ 730	$ (86)	$ 1,783	$ 7,116	$ 4,249	$ 10,864	$ 13,062	$ (6,582)
Basic net income (loss) per share (in dollars per share)	$ 0.03	$ 0.60	$ 0.06	$ 0.05	$ (0.01)	$ 0.12	$ 0.48	$ 0.29	$ 0.74	$ 0.88	$ (0.43)
Diluted net income (loss) per share (in dollars per share)	$ 0.03	$ 0.60	$ 0.06	$ 0.05	$ (0.01)	$ 0.12	$ 0.48	$ 0.29	$ 0.74	$ 0.88	$ (0.43)